Fruitas Holdings Inc., the food and beverage kiosk operator, said it will start its cloud kitchen venture which will carry the Nube Kuxina brand to allow its units to reach customers more efficiently. “We have been strategically acquiring food brands over the past two and a half years. It makes…
The National Grid Corporation of the Philippines (NGCP) has proposed a capital expenditure (capex) budget of over P66 billion for its 19-year operation and maintenance (O&M) program meant to increase the reliability of the grid. In its 2022-2040 Transmission Development Plan, the O&M capex program will amount to P66.644 billion.…
The Securities and Exchange Commission (SEC) said it has made permanent its order for Wellcons Unlimited Systems Inc. to stop offering investment packages to the public without the necessary license from the agency. The SEC said it would proceed with the revocation of the certificate of incorporation of Wellcons through…
Senator Rafael Tulfo slammed officials of the National Electrification Administration (NEA) Wednesday for ignoring the right of Benguet Electric Cooperative (Beneco) to self-governance in unilaterally replacing its general manager (GM) earlier elected by Beneco’s board of directors. At the Senate Committee on Energy organizational meeting, Tulfo vowed to review NEA…
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