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Money Matters

Telco changes old promo number from 8888 to 8080

Starting immediately, postpaid and prepaid mobile customers of Globe Telecom may use 8080, instead of 8888, in sending promo registrations through text or SMS.  The changeover follows the company’s compliance with a government request to use 8888 as the government’s complaint hotline, which became operational last August 1 as well. …

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Telco signs P20b TLF

Globe Telecom, Inc. signed a 12-year and 15-year P20 billion term loan facility arranged by First Metro Investment Corporation with Metropolitan Bank and Trust Company as lender. The loan shall be used to finance the acquisition of a fifty percent (50%) equity interest in Vega Telecom, Inc., Bow Arken Holdings …

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Pimentel: PH needs clean, cheap, reliable energy

Senate President Aquilino “Koko” Pimentel III  said what the country needs is an economy powered by clean, cheap, and reliable sources of energy as part of the administration’s program of government for change. Pimentel made the remarks as he welcomed on Tuesday the International Atomic Energy Agency (IAEA) conference on …

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Minda’s biggest power firm goes online

Filinvest’s Misamis Power Plant with a combined capacity of 405 MW (3 X 135 MW), now the biggest power plant in Mindanao, has been completed. FDC Misamis Power Corporation (FDC Misamis) announced that the second unit of its 405 MW flagship project have successfully been synchronized to the Mindanao grid, …

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New NGCP substation to strengthen Normin grid

NGCP reached another milestone with the successful energization of its newly upgraded Opol Substation in Misamis Oriental last 20 August 20. The new facility will cater to the power needs of grid-users, specifically in load centers in North Mindanao such as Iligan City and Cagayan de Oro City. Misamis Oriental …

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