EDC reports P5.8-B net profit in 9 mos
By
Iris Gonzales
| November 8, 2013 - 12:00am
Lopez-owned geothermal company Energy Development Corp. (EDC) posted a recurring net income of P5.8 billion, 7.7 percent lower than the P6.3 billion earned during the same period last year.
Business
Shopwise accelerates expansion
By
Neil Jerome Morales
| August 12, 2013 - 12:00am
The grocery and supermarket arm of the Tantoco family’s Rustan’s retail group is accelerating its expansion program for this year and the next.
Business
EDC set to start wind power project in Ilocos
By
Iris Gonzales
| May 20, 2013 - 12:00am
Energy Development Corp. (EDC), the Lopez-led geothermal company, is on track to commence commercial operations of its 87-megawatt Burgos Wind Project in Ilocos Norte, its top official said yesterday.
Business
EDC to resume operations of BacMan geothermal unit
By
Iris Gonzales
| May 4, 2013 - 12:00am
Energy Development Corp. (EDC) plans to resume the operations of Unit 1 of its Bacon-Manito (BacMan) geothermal plant in Albay before the May 13 elections to help ensure a steady supply of power during the poll...
Business
Leyte landslide rescuers honored
March 23, 2013 - 12:00am
The municipal government of Kananga in Leyte and the Energy Development Corp. honored on Tuesday in a ceremony in Ormoc City 155 rescue workers who helped in the March 1 landslide in the EDC’s geothermal ...
Nation
EDC posts P9.8 B net income
By
Iris Gonzales
| February 25, 2013 - 12:00am
The Energy Development Corp. (EDC), the geothermal arm of the Philippine National Oil Company (PNOC), posted a net income of P9.89 billion last year, higher by 89 percent from P5.24 billion last year.
Business
Lunch in honor of Ermenegildo Zegna
February 3, 2013 - 12:00am
Zenaida “Nedy” Tantoco, president of Rustan Commercial Corporation and concurrently president of the Philippine Italian Association, hosted a lunch at the residence of her Dad, Ambassador Bienvenido Tantoco,...
Cassandra
Opera can be fun!
By
JVM Francisco
| July 8, 2012 - 12:00am
I enjoy opera but I’m not an opera aficionado. In fact, I sometimes doze off in some opera productions that are made of heavy stuff.
Starweek Magazine
My father had no secret bank accounts, says Iggy's daughter
By
Paolo Romero
| July 6, 2012 - 12:00am
The daughter of the late Negros Occidental congressman Ignacio “Iggy” Arroyo asked the Aquino administration yesterday to leave her father in peace, saying he had no secret bank accounts.
Nation
EDC profit nearly doubles to P2.71B in Q1
By
Neil Jerome C. Morales
| May 11, 2012 - 12:00am
Lopez-led Energy Development Corp. (EDC) almost doubled its profit in the first quarter on the back of better performance of subsidiaries and lower operating costs.
Business
next