With the foray into the LPG area

With the foray into the LPG area, Phoenix objectives to construct considerable presence in the non-fuel petroleum markets which presently account for about one percentage of the organization’s enterprise.

PEPI generates most of its income within the Visayas and Mindanao – underpenetrated regions, with growing disposable earning and appealing call for potentialities. This will allow Phoenix to similarly grow this commercial enterprise in its domestic market, in which there is room for worthwhile enterprise enlargement and much less opposition compared to Luzon.

Phoenix Petroleum is the main independent oil enterprise in the Philippines, engaged within the trading and marketing of refined petroleum products and lubricants, operation of oil depots and garage facilities, hauling and into-plane offerings. PROPERTY developer DoubleDragon Properties Corp. Said on Thursday it has set a discount rate of 6.0952 percentage in step with yr for its seven-yr peso-denominated constant retail bonds.

The retail bond trouble can have a base size of P6.Five billion and an oversubscription allotment of P3.2 billion.

The offer length for the retail bonds will run from July 7 to thirteen, 2017 problem to the receipt of the permit to sell from the Securities and Exchange Commission (SEC). The bonds may be officially issued on July 21.

Isabela helps shift to smarter mobility

CAUAYAN CITY: In a bid to shift to smarter mobility, the Department of Science and Technology (DoST) in Region 2 (Cagayan Valley) is partnering with the Isabela provincial government to manufacture the Hybrid Electric Road Train (HERT).


The deployment of the Hybrid Electric Road Train in extra regions in Isabela province is expected to have a positive effect on the environment through way of decreased emissions. DOST PHOTO
Recently, the DoST-Region 2, Isabela State University and metal players inside the province supplied the HERT technology on the Isabela provincial capitol in Ilagan City that at once earned the guide of Gov. Rodito Albano third.

Sancho Mabborang, DoST-Region 2 director, stated HERT was first piloted in Cauayan City in Isabela as a part of the Smarter City Program of the Science department in Cagayan Valley.
During the presentation, Engineer Rolando Rupac of Agricomp Machineries and Construction Corp. Who heads of the HERT consortium, stated the project is the answer to the urban mass transportation needs in Isabela.

“This will virtually make sure the protection of the passengers and the environmental reason of the said vehicle,” he brought.

Albano said he turned into satisfied with the aid of the presentation of the HERT consortium and “that I gave my complete assist [for] the said project under such hints and inputs considering the possible effect of the shifting to smarter mobility.”

“I even have requested for the examine on the displacement of public software vehicle operators and drivers in the province who will be at once laid low with the HERT undertaking,” he added.

Albano said the province will begin with as a minimum six HERT coaches so one can be deployed in each of the six congressional districts of Isabela.


He additionally stated that Isabela’s transition to smarter mobility with the HERT coaches may even assist deal with the Filipino addiction of constantly being overdue.

“This might be an excellent way to educate Filipinos of the fee of punctuality, like in different international locations where trains have a precise schedule when to leave and could not move after passengers, which constantly reasons delays,” Albano stated.

THE Board of Directors of Paxys Inc. Via Corporate Secretary Mayette Tapia introduced that the Annual Stockholders’ Meeting of Paxys, Inc. May be rescheduled https://signal-means-profits.com reviews. The annual meeting is being held each month of May as provided in the organisation’s By-Laws.

But in view of the implementation of the Enhanced Community Quarantine over the complete island of Luzon due to the coronavirus ailment (Covid-19) pandemic and the government’s prohibition against the conserving of mass gatherings in Metro Manila, the Annual Stockholders’ Meeting for 2020 has been postponed to a later date. This is so one can protect and safeguard the welfare, health, and safety of the Company’s stakeholders.

During its ordinary meeting on  March 27, the agency’s Board of Directors authorized Chairman and President Tarcisio Medalla to approve the postponement of the Annual Stockholders’ Meeting for 2020.

The new date of the Annual Stockholders’ Meeting can be introduced to all the participants as soon as it's far finalized.