The Department of Finance (DoF) recognizes Shell Philippines Exploration B.V. (SPEX), the operator of Malampaya Deepwater Gas-to-Power Project, as top paying company under the oil and gas category in the recent 2019 Transparency Awards held in Pasay City. SPEX topped the list with a P22 billion total reconciled payments indicated in the latest report, “Forging New Frontiers: the Fifth Philippine Extractive Industries Transparency Initiative (PH-EITI) Report (FY 2017) (“the 5th Report”). One of the most successful public-private partnerships (PPP) in the history of the country, the Malampaya project provides up to 40 percent of Luzon’s electricity requirements and has contributed $11 billion remittance to the Philippine government. The Transparency Awards is PH-EITI annual award-giving ceremony to recognize outstanding performance and achievement in the implementation of EITI and promotion of extractives transparency as a whole.
Toast to holiday traditions of get-togethers with family and friends at Alfred’s Celebrations Buffet, where overflowing spirits and bubbly pair nicely with a delightful dinner spread. Start and end the celebration with Champagne Delamotte Brut, a perfectly blended French Champagne that makes a good aperitif or accompaniment to a fruit dessert. Make your spirits bright with plenty of cocktails to choose from including Margarita, Negroni, Sangria, Caipirinha, Mojito, Amaretto Sour and Moscow Mule. Taste luxury and decadence with every bite of the Foie Gras Macarons, reward yourself with Raclette, melted Swiss cheese best paired with rye bread, boiled potatoes, and cornichons, and enjoy the juicy flavors of Roast Beef Tenderloin with Clams and Chorizo Linguini. Mesclun Salad and Salmon Gravlax are also served alongside Grilled Octopus Skewers, Parsley Prawn Tempura and Tartlets filled with Chicken and Chestnut Puree. Alfred’s Celebrations Buffet is available at Makati Diamond Residences for four Fridays, 22 and 29 November and 6 and 13 December 2019 from 6 p.m. to 9 p.m. at P2,500 net per person.
MyTown, the co-living brand under Philippines Urban Living Solutions, was awarded best co-living space in the Philippines at Lamudi’s The Outlook awards. Founded by a group of Dutch and Filipino entrepreneurs in 2012, MyTown is the first and largest co-living company in the Philippines. It counts among its investor SM Investments Corporation and Franklin Templeton.
The Outlook awards by Lamudi recognizes leading industry projects and developers of the Philippines as selected by an esteemed panel of judges and is based on a survey participation of 10,000 active property seekers annually. MyTown’s wide range of amenities, tenant events and focus on community and convenience were highly rated. “We’re very excited to win this award as it shows our leadership in the co-living sector in the Philippines and that our continued efforts in going beyond accommodation and offering a new, better lifestyle to young professionals is recognized as distinguishing features of MyTown,” said Jelmer Ikink, Group Director of Philippines Urban Living Solutions.
The current administration’s “Build, Build, Build” program has fueled the significant growth of the Philippines’ infrastructure sector and along with it, the demand for quality and cost-effective steel. This presents a great opportunity for the steel industry. But for Melters Steel Corp. (MSC), one of the major steel manufacturers in the country, growth is not just about being able to leverage the booming demand and capturing a significant market share, but most importantly, it is about helping the community. On 15 November MSC, together with AboitizPower and Aboitiz Foundation Inc., embarked on a medical mission for its host community in Pampanga. Around 85 residents of Barangay San Isidro, San Simon, Pampanga underwent free medical and dental consultations, as well as received medicines with a total worth of P200,000.
Housing is probably the biggest issue affecting people the world over.
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