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Coca-Cola PH to spend P3 billion until Q3 to expand Luzon production

Nika Lazo, ABS-CBN News
Posted at Feb 23 04:49 PM

Coca-Cola Beverages Philippines Inc (CCBPI) said on Tuesday that it is setting aside $63 million or P3 billion until the third quarter of this year to expand Luzon production capacity from its Santa Rosa and Canlubang plants. Read more »

Abby Trinidad is MNL48's third-generation center girl

ABS-CBN News
Posted at Feb 23 01:15 PM

Abelaine "Abby" Trinidad was named the third-generation center girl of MNL48 after receiving the most number of votes from fans in the girl group's third general election on "It's Showtime" on February 20.   Read more »

Meralco says lower power bills in February

Warren de Guzman, ABS-CBN News
Updated as of Feb 08 06:53 PM

Meralco said customers may enjoy a P0.0704 per kilowatt-hour reduction in electricity bill this February. Read more »

Mitsubishi firms to engage in Philippine geothermal power generation

Kyodo News
Posted at Feb 04 02:28 PM

Two group companies of Mitsubishi Heavy Industries Ltd. have won an order for an environmentally friendly binary cycle power generation system to be installed at a geothermal power plant on Luzon island in the Philippines. Read more »

Meralco to consumers: Expect rate hike in January billing

ABS-CBN News
Posted at Jan 08 01:05 PM

Meralco said Friday its customers will experience a rate increase in their January billing. Read more »

Meralco PowerGen absorbs, buys out 100 pct of Global Business Power

ABS-CBN News
Posted at Dec 23 04:48 PM

Meralco PowerGen Corp (MGen), the power generation firm of Meralco, acquired 100 percent ownership of Global Business Power Corp (GBP) in a move to organize the group's power assets. Read more »

Meralco says customers to see lower rates this month, 'second lowest' since Sept 2017

ABS-CBN News
Posted at Dec 09 12:19 PM

Meralco said Wednesday its electricity rates for December will be lower by P0.0352 per kilowatt hour (kWh), as generation charges decline.   Read more »

Vivant sees 'total' business recovery in 2022, eyes investing up to P3-B in Cebu project

ABS-CBN News
Posted at Dec 01 12:46 PM

Power firm Vivant Corp. said on Tuesday it expects total business recovery by 2022 as the effects of the pandemic is seen to stretch until the third to fourth quarter of next year. Read more »

#BoycottSM: Why are K-pop fans calling out SM Entertainment?

Choi Ha Rin, South China Morning Post
Updated as of Nov 25 04:17 PM

SM Entertainment, the South Korean agency behind star K-pop groups Exo, NCT, Shinee, Super Junior and Girls’ Generation faces calls for a boycott from fans over its low pay to artists and links to China’s controversial iFlyTek tech company. Read more »

Cash cards for kids - digital banks race to capture the next generation

Anna Irrera and Iain Withers, Reuters
Posted at Nov 19 09:36 AM

While traditional banks have long offered basic savings accounts to children, fintechs say they have spotted an opportunity to offer better, slicker apps to tech-savvy kids and teenagers, who they say have been under-served. Read more »

Meralco says power rates lower in November

ABS-CBN News
Posted at Nov 09 03:13 PM

Manila Electric Co. said Monday power rates in November would be lower following a decrease in generation charges. Read more »

K-pop, K-drama stars face social media backlash

Choi Ha Rin, South China Morning Post
Updated as of Nov 05 09:06 PM

Lee Do-hyun’s fans were in an uproar this week because he didn’t say thank you for a gift, but this isn’t the first time a South Korean star has faced a social media backlash – so have Super Junior’s Sungmin and Ze:a’s Kim Dong-jun. Read more »

BSP urges public to circulate, properly handle P20 coins

ABS-CBN News
Posted at Oct 17 05:07 PM

The Bangko Sentral ng Pilipinas released on Saturday guidelines on the proper handling and preservation of the P20 new generation currency circulation coins.  Read more »

Beware of ‘brilliant uncirculated’ P20 coins sold online: BSP warns public

Jessica Fenol, ABS-CBN News
Updated as of Oct 07 02:29 PM

Following Bangko Sentral ng Pilipinas' public advisory, the 'Brilliant Uncirculated 20-Piso' coins have been removed from Lazada. Our team does a daily manual sweep of product listings that violate existing policies and are removed when identified. We will continue to take strong action against sellers found breaching our platform's terms and conditions.   Read more »

Metro Pacific says cash pile cushioning impact of pandemic as income falls

ABS-CBN News
Posted at Aug 05 09:06 PM

Metro Pacific Investments Corp on Wednesday said it has enough cash to cushion itself from the impact of the COVID-19 pandemic even as its net income fell sharply in the first half.  Read more »

Coca-Cola PH boosts investment for local ops by $22 million

ABS-CBN News
Posted at Jul 30 08:58 PM

The total $95-million investment is "imperative" especially given the challenges posed by the coronavirus pandemic, Coca-Cola Philippines said. Read more »

As Mexico focuses on coronavirus, drug gang violence rises

Drazen Jorgic and Uriel Sanchez, Reuters
Posted at Jun 18 07:46 PM

MEXICO CITY/ACAPULCO - The coronavirus is threatening to hamstring Mexico's fight against some of its most vicious drug gangs, as police and officials fall sick, security forces are diverted to guard medical centers and military barracks are converted to COVID-19 clinics. Read more »

Coronavirus fallout takes heavy toll on young workers

Benoît Pelegrin, Agence France-Presse
Posted at Jun 11 07:58 PM

Half of the world's so-called "Millennials" -- those aged 25-34 -- and the "Generation Z" of 18 to 24-year-olds were already feeling the effects of the global economic meltdown, according to a study by consultancy firm Kantar in May. Read more »

Generational shift? Historian sees virus encouraging new values

Reuters
Posted at Jun 05 12:04 AM

The coronavirus pandemic could encourage a generation to turn away from a culture of selfishness, with young people now wanting to do jobs where they can help others, Dutch historian Rutger Bregman believes. Read more »

Taeyeon postpones release of new song as father passes away

ABS-CBN News
Posted at Mar 09 04:30 PM

The release of the new song by Girls’ Generation member Kim Taeyeon has been postponed after the Korean singer’s father passed away Monday, a report said.   Read more »