Category: Business

Business, Community, Things To Do

Ready to Jet-Set to San Vicente? Cebu Pacific is Unveiling Exciting New Routes from Cebu!

Attention, travel aficionados and adventure seekers! Cebu Pacific is spicing up your travel plans by launching some thrilling new domestic and international routes, further cementing its hub in the vibrant city of Cebu. Prepare your wanderlust-filled hearts because starting October 24, 2024, your travel itineraries are about to get a whole lot more exciting! New Horizons: Cebu to San Vicente, Palawan First up, let’s talk … Continue reading Ready to Jet-Set to San Vicente? Cebu Pacific is Unveiling Exciting New Routes from Cebu!

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Business, Community

Kanegosyo Congress at NCCC Mall opens amid excited crowds during Baragatan Season

NCCC Mall being one of the most popular malls in Puerto Princesa kicks off another event that matters to most Palaweños in terms of supporting local shoppers, households and businesses through its launching of the most anticipated Kanegosyo Congress from July 16 to 17, 2023. Excited crowds rush in the early hours of opening after the ribbon was cut to usher the shoppers in by … Continue reading Kanegosyo Congress at NCCC Mall opens amid excited crowds during Baragatan Season

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Business, People

Ms. Palawan Universe 2023 Raven Doctor awarded with P1.2 Million Lot by Palawan Real Property

As part of the perks and winnings of being Miss Palawan Universe 2023, Raven Doctor officially received a P1.2 Million lot courtesy of Palawan Real Property (PRP) in its subdivision development, Samantha Ville in Tagburos, Puerto Princesa City last May 18, 2023. Present during the turnover ceremony to Ms. Raven Doctor was PRP CEO Ms. Jonabe Villar Daquer Docto and Mr. Raymond Docto and PRP … Continue reading Ms. Palawan Universe 2023 Raven Doctor awarded with P1.2 Million Lot by Palawan Real Property

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Business

Palawan Ore Exports boosted Ferronickel Earnings

There is a lot of reason to celebrate for Global Ferronickel Holdings Inc. as earnings of the company rise up by 9 percent last year due mainly to nickel ore exports from Palawan. Total earnings grew by a total of P2.2 billion in 2022 despite what the company said as having been affected by external headwinds. Actual total income for the company for 2022 was … Continue reading Palawan Ore Exports boosted Ferronickel Earnings

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Business

More gas fields to open in Malampaya by Razon’s Prime Infra

As Prime Infrastructure took over the Malampaya gas-to-power project last November 1, it is now looking into opening additional gas fields within its exploration service contract. This will enable them to supply the needs of power plants if successful as it submitted its work program to the Department of Energy for license extension. The Malampaya gas field off the coast of Palawan is the biggest … Continue reading More gas fields to open in Malampaya by Razon’s Prime Infra

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Business, Tourism

Mayor Bayron opens up the Environmental Estate and Cuyito Bay to Investors at Conrad Manila

With the aim of luring investors to the City in the Forest, Mayor Lucilo Bayron was fired up with presentations and proposals to prospective investors at the posh Conrad Manila last October 27, 2022. In attendance were City Officials, City Government Department Heads and invited investors and guests. At the center of the event are the City Government plans for possible private partnership or investment … Continue reading Mayor Bayron opens up the Environmental Estate and Cuyito Bay to Investors at Conrad Manila

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Business

Gov’t pins hopes for early production in Cadlao, Palawan oil field

A lot of expectation is being thrown on the Cadlao Oil Field which is located northwest of Palawan to deliver on its potential towards enticing investors for the oil and gas sector and lift the Philippine economy out of its doldrums. The Marcos administration together with and the Department of Energy (DOE) is optimistic in the production of five to six million barrels of oil … Continue reading Gov’t pins hopes for early production in Cadlao, Palawan oil field

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Business

Review of Razon’s Prime Infra takeover of Shell Malampaya Deepwater Project called for by the Senate

We have reported earlier that Prime Infrastructure Capital, Inc. or Prime Infra is set to assume full ownership of Malampaya deepwater project on Nov. 1 from Shell Philippines Exploration B.V. (SPEx) but the Senate have another thing in its sights in relation to the sale. Senator Sherwin T. Gatchalian is set to file a resolution to review the approval of the Department of Energy (DOE) … Continue reading Review of Razon’s Prime Infra takeover of Shell Malampaya Deepwater Project called for by the Senate

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Business

Palawan Mining Firms: Nickel Asia purchase shares from Coral Bay Nickel

Nickel Asia Corporation (NAC), who is the Philippines’ largest producer of lateritic nickel ore and one of the largest in the world have bought a total of 33.05 million common shares of Coral Bay Nickel Corp. (CBNC) for $25.93 million (P1.530 Billion) in an announcement last April 3, 2022. Coral Bay Nickel Corp. is also one of the world’s largest producer of Nickel and Cobalt … Continue reading Palawan Mining Firms: Nickel Asia purchase shares from Coral Bay Nickel

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Business

Malampaya is set to be acquired by Razon-owned Prime Infra

Malampaya deepwater project located in Northwest offshore of Palawan in the West Philippine Sea will be soon be acquired by Prime Infrastructure Capital Inc. which is owned by ports tycoon Enrique Razon Jr.  According to the Department of Energy, Malampaya supplies up to 20% of the total electricity requirement of Luzon and a vital part of the energy requirement of the largest island of the … Continue reading Malampaya is set to be acquired by Razon-owned Prime Infra

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