LOPEZ-LED Energy Development Corp. (EDC) is looking into drilling more wells in the next three years to sustain its operations via geothermal energy sources.“The main focus of EDC over the next three years is to make sure that we can continue to deliver the amount of renewable ...

THE board of listed gaming technology company DFNN, Inc. has approved the sale of an offshore gaming subsidiary to Vanguard Investments to streamline its operations. In a stock exchange disclosure on Monday, DFNN said its board authorized on Sept. 22 the sale of its wholly owned unit Nico ...

1 of 2By Brontë H. Lacsamana ReporterTHOUGH AN actor’s job entails sometimes being in intimate situations to truthfully play a role, sometimes things can go too far, or a director wants too much.Take as an example, the Last Tango in Paris. The erotic Bernardo Bertolucci film famously ...

EEI Corp. is set to unload its stake in BiotechJP Corp., its subsidiary engaged in food manufacturing and therapeutic food products. In a stock exchange disclosure on Monday, EEI said its board had approved the divestment of its 60% interest or a total of about 181,815 common ...

GABE—UNSPLASH LOS ANGELES — Hollywood’s writers union reached a preliminary labor agreement with major studios on Sunday, a deal expected to end one of two strikes that have halted most film and television production and cost the California economy billions.The three-year contract still must be approved by ...

GLOBE Telecom, Inc. has secured a P15-billion loan from Metropolitan Bank & Trust Co., the listed telecommunications company said in a regulatory filing on Monday. The loan will fund part of the company’s capital expenditures (capex) for the year, its debt refinancing and other corporate requirements, Globe ...

1 of 4By Cathy Rose A. Garcia, Managing EditorTHE Ascott Limited is hoping to attract business travelers, tourists, corporate clients and staycationers to its newest Philippine property — the Citadines Benavidez Makati.Philip Barnes, Ascott’s country general manager, said the opening is a new milestone for Ascott and ...

1 of 2STORYTELLING has always been magical. Be it through oral or visual means, telling stories is simply human nature. Since the dawn of time, humans have created connections through their stories.For Filipino puppet designer-maker and director Kayla Teodoro, stories are made all the more magical with ...

By Chit U. Juan PAWEL CHU-UNSPLASHWhen one thinks of a company’s sustainability, usually we just think of the business case, especially for micro-, small- and medium-sized enterprises (MSMEs). How profitable is the business? How sustainable is the model? But do we also give some thought to ...

BW FILE PHOTOTHE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday with higher rates due to hawkish signals from both the local and the US central banks.The Bureau of the Treasury (BTr) raised P15 billion as planned via the T-bills as ...