woman looking at mobile phone

SSS prepares to resume foreign investment plan interrupted by pandemic

The state-run pension fund Social Security System (SSS) may finally push through with its planned offshore investments next year once it’s no longer pressured to disburse more benefits to members and pensioners badly hit by the COVID-19 pandemic. “Right now, we are trying to study the environment. Definitely, we’re looking at global bonds, global equities,…

shelf of condiments

Century Pacific, RFM make it to Forbes’ ‘Best under a Billion’ list

Philippine food and beverage makers Century Pacific Food Inc. (CNPF) and RFM Corp. landed on Forbes Asia magazine’s “2021 Best Under A Billion” list of 200 top-performing publicly listed small and mid-sized companies in the Asia-Pacific region. The roster highlights companies with less than $1 billion in revenues and consistent in terms of top- and…

San Miguel: From Coal Dependence to Renewable Solutions

One of the coun­try’s largest elec­tric­ity pro­duc­ers—one that is heav­ily re­liant on coal—sur­prised mar­ket watch­ers re­cently by an­nounc­ing a strate­gic shift away from the cheap but en­vi­ron­men­tally dam­ag­ing power source. At the same time, San Miguel Corp. (SMC) said it would be adding re­new­able en­ergy to its power port­fo­lio, us­ing tech­nolo­gies that would sig­nif­i­cantly cut…

Big users tap so­lar, waste-to-en­ergy op­tions

They are among the heav­i­est users of en­ergy—to power shop­ping malls, fac­to­ries or mine sites. They can opt to buy ev­ery­thing from power pro­duc­ers but they now find it sen­si­ble to con­vert free re­sources around them—such as sun­light or agro-in­dus­trial waste—to meet more of their en­ergy re­quire­ments. It’s not a cheap process but the cost…

Turmeric growing at Citicore's solar farm in Clark, Pampanga

Power play­ers bet big on RE tech, in­no­va­tion

The coun­try’s power play­ers are lead­ing the charge into re­new­able en­ergy (RE), rolling out projects to meet grow­ing de­mand while keep­ing an eye on the fu­ture with in­vest­ments in in­no­va­tion and new tech­nolo­gies. These in­dus­try movers in­clude AC En­ergy Corp., which is look­ing at proven so­lu­tions it can de­ploy at scale, and Aboitiz Power Corp.,…