ALI Technopark Seen to Drive M...

Nov 9, 2018 by

A planned technopark in western Misamis Oriental is foreseen to bring a boom in air cargo traffic to and from Northern Mindanao. The planned 105-hectare technopark is the anchor project of Habini Bay, Ayala Land Inc.'s (ALI) 26th estate with a total of 526 hectares, making it the biggest ALI development to date in the Visayas and Mindanao.

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ALI breaks ground for largest ...

Nov 9, 2018 by

Leading property developer Ayala Land, Inc. (ALI) broke ground Wednesday, 07 November 2018 for its biggest mixed use development in the Misamis Oriental municipalities of Laguindingan and Alubijid. In an exclusive interview on the sidelines of the press launch held earlier at the plush Seda Centrio, Aniceto “Jun” Bisnar Jr. vice president and chief operating officer of ALI Visayas-Mindanao Group said the 526-hectare master-planned Habini Bay would make it as a new center of trade and commerce in Northern Mindanao.

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Improved water service in East...

Nov 9, 2018 by

CAGAYAN DE ORO. – Households in the Cagayan de Oro City Water District’s East Service Area will soon enjoy improved water supply and pressure following the commissioning and turnover of the newly rehabbed Camaman-an reservoir today, November 9, 2018, by bulk water supplier Cagayan de Oro Bulk Water Inc. (COBI).

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The Next Big Thing: SM CDO Dow...

Oct 21, 2018 by

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, inaugurated its latest offering, the SM CDO Downtown Premier Tower, last October 17, with a media launch and preview at the site of the 12-story building along Osmeña Avenue, Cagayan de Oro City. The office tower is part of the P80 billion earmarked by SM Prime this year to support the growth of its key businesses in the country. The capital expenditure is being allocated to key regional centers which have demonstrated promising economic progress and for the expansion of the Company’s other businesses.

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Mindanao Consumers paying too ...

Sep 17, 2018 by

Consumers in Mindanao who are supplied by coal power plants have been paying too much for their electricity. The reason is that distribution utility companies (electric cooperatives and investor-owned DU’s) have been imprudent in contracting for power supply from coal power plants. For instance, MORESCO2 in Northern Mindanao paid probably the highest rate of around P21.00 per kilowatt-hour (kWh) for their loads in excess of the base load requirements in July 2018. That’s because MORESCO2 used power from the FDC Misamis coal plant to supply their intermediate and peaking loads. (This is termed “above-baseload” power supply in the simulation. Please refer to the Table: Cost of Coal Power Supplied to MORESCO 2 Consumers, July 2018).

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Electricity Rates in Northern ...

Sep 13, 2018 by

Have you noticed an unusual increase in your electricity bills lately? That’s because over the last four years, electricity rates in Northern Mindanao have been climbing, to as much as nearly 50 percent for its largest distribution utility.

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