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Money Matters

Synnex to acquire Minacs Group, plans to integrate it with Concentrix

SYNNEX Corporation (NYSE: SNX), and Minacs announced a definitive agreement in which SYNNEX will acquire Minacs and integrate it into its Concentrix business segment. The purchase price is approximately $420 million subject to closing adjustments. This transaction is intended to strengthen domain expertise in Concentrix’ automotive industry vertical and accelerate ...

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Power firm experiencing delays in P13-b project

By FROILAN GALLARDO, Special Correspondent MANOLO Fortich, Bukidnon – Construction of the P13-billion twin hydro projects of Hedcor Inc., is being delayed due to geological conditions and continuous rains, company officials said on Tuesday. Gregorio Jabonilla, Hedcor vice president for business development told reporters that the two run-of-river hydro projects ...

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Trade dep’t conducts biz seminar in Valencia city

THE Department of Trade and Industry (DTI) Bukidnon successfully conducted a Financial Literacy Seminar & Financing Forum under the SME Roving Academy (Smera) in partnership with Negosyo Center Valencia City on June 29, 2016 at Hotel Valencia. SME Roving Academy (Smera) is a continuous learning program for the development of ...

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Power firm plans to expand renewable energy portfolio

Aboitiz Power Corp. is adding biomass to its renewable energy (RE) portfolio, after the completion of the acquisition of the 8.8-MW Aseagas biomass energy facility currently under construction in Lian, Batangas. Aboitiz Renewables, Inc., (APRI) the holding company of Aboitiz Power Corporation’s investment in renewable energy, recently formalized the acquisition ...

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Telco provides affordable data service to subscribers

Leading mobile services provider Smart Communications is changing the way Filipinos enjoy their smartphones as it unveils GigaSurf50, the country’s first 1GB data offer for only P50. Valid for three days, GigaSurf50 also comes with an additional 300MB for streaming on sites YouTube, iflix and more, empowering subscribers to ride ...

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ITF slated next month

IDEAL tour destinations, both domestic and foreign, will be showcased anew this year when the 3rd International Travel Festival (ITF) reels off on July 15-17 at the Ayala Center Cebu. With the theme: “Don’t Dream, Just Go” the said even is organized by MyEventology, the three-day activities brings together over ...

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