BusinessWorld Online October 23, 2011 CAGAYAN DE ORO — The Iligan City council has deferred the Swiss challenge for the 103-megawatt Iligan diesel-fired plant complex as it awaits the Commission on Audit’s recommended updated ceiling price for the power asset. Conal Holdings Corp., under the Alcantara Group, last year submitted an unsolicited offer of P300 [...]

BusinessWorld Online October 21, 2011 BONGAO, TAWI-TAWI — Once considered one of the most inaccessible provinces in the country, Tawi-Tawi is experiencing a surge in business activity and investor interest. Through a partnership between the Philippine and US governments, the Tawi-Tawi airport runway was upgraded. This month, Cebu-Pacific begins new commercial flight routes daily from [...]

Mindanao Development Authority September 12, 2011 Pagadian City – The Mindanao Development Authority’s (MinDA) advocacy for an increased budget has finally paid off following the approval of the P157-million budget for tourism development in Mindanao this year by the Tourism Infrastructure Enterprise Zone Authority (TIEZA). Speaking before the 20th Mindanao Business Conference (Minbizcon) held in [...]

BusinessWorld Online August 24, 2011 CAGAYAN DE ORO — Plans to build a P500-million highway leading to the new Laguindingan international airport have been endorsed to the national government by a group of public and private sector officials in Northern Mindanao. The interagency group, the Regional Development Council-Region 10, proposed a road interchange project consisting [...]

The Philippine Star By Ma.Elisa P.Osorio July 9, 2011 MANILA, Philippines – The Board of Investments (BOI) has given its approval to the P174.4 million project of Nakeen Corp. The firm is a new domestic producer of oil palm fruits and is a wholly owned subsidiary of A Brown Energy and Resources Development Inc. (ABERDI) [...]