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Money Matters

Energy firm eyes more income on oil in Africa

MANILA – Petroenergy Resources Corp. expects robust revenues this year as oil barrel production of the consortium operating the Etame offshore field in Gabon, Africa went up to 19,000 barrels per day from 18,000 barrels per day. He said the consortium, which is led by Vaalco Energy Inc., targets to ...

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Medina waterworks coop opposes bio-mass plant

By LITO RULONA Correspondent THE Board of Directors of Medina Rural Waterworks and Sanitation Cooperative (Merwasco) had passed a resolution opposing the water permit application of the Misamis Oriental Bio-Energy Group before the National Water Resource Board. Merwasco chairman Raul Barcelona in a letter sent to the Vice-Governor Joey Pelaez ...

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Oro sets online building permit processing system

THE public can now experience speedy and more modern system in acquiring building permits and other documents in the City Building Office (CBO). Mayor Oscar Moreno announced the soft launching of the Building Permit Management System (BPMS) this week. A memorandum of agreement was signed by Moreno and Dr. Ricardo ...

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DTI warns consumers on online shopping

MANILA – The Department of Trade and Industry (DTI) has warned consumers to be more cautious when shopping online to avoid fraudulent transactions in the Internet. DTI mentioned the following “red flags” to spot an unscrupulous online shopping website: Products are advertised at very low prices compared to other websites; ...

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Stakeholders: No to P17-billion port modernization project

DAVAO City — Stakeholders in the Davao region have appealed to the Department of Transportation and Communications (DOTC) to review the P17-billion Sasa Port Modernization project claiming there are two modern ports that can do the job. In a forum organized by Davao City Chamber of Commerce and Industry Inc. ...

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