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APC PR: Beyond Steelmaking

November 18, 2019

COMMUNITY PARTNER. Since establishment in 2008, Melters Steel Corporation (MSC) has sustained its efforts to better the quality of life of its host community in Brgy. San Isidro, San Simon, Pampanga. 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 Corporation (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 November 15, MSC, together with AboitizPower and Aboitiz Foundation, Inc., embarked on a medical mission for its host community in Pampanga. Around 85 residents of Brgy. San Isidro, San Simon, Pampanga underwent free medical and dental consultations, as well as received medicines with a total worth of Php 200,000. "We are very thankful to Melters that as their host barangay, we are able to reach out to them to address our needs, and they have always been willing to help," Randie Flores, San Isidro Brgy. Chairman, said. Apart from the medical mission, other corporate social responsibility initiatives of MSC include disaster relief efforts, computer donation, and cement donation for the rehabilitation of the community church. "We try to help as much as we can. Anything with regard to the community, we're always here to help," Lance Lim, MSC Assistant Vice President for Human Resources, said. MSC also recognized the value of its long-standing partnership with AboitizPower to community and nation-building. "It's a win-win situation. We can always do it on our own but it's a lot better with the support of Aboitiz. We're very happy with our partnership and when the time comes, we want to expand our business with Aboitiz and grow together with Aboitiz," Lim added. AboitizPower supplies reliable, cost-efficient, and sustainable electricity to MSC’s smelting plant in Brgy. San Isidro, San Simon, Pampanga. "AboitizPower is very professional and we want to deal with people like that. They know what they're doing. They know what they want, and they know the direction that they're going to. We're thankful that we did not make a mistake in choosing them," Nena Lim, MSC President and Chief Executive Officer, said. The partnership between MSC and AboitizPower is built on their shared values and common goal of advancing business and communities. About AboitizPower AboitizPower is the holding company for the Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances business and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities. The company is one of the largest power producers in the Philippines with a balanced portfolio of assets located across the country. It is a major producer of Cleanergy, its brand for clean and renewable energy with several hydroelectric, geothermal and solar power generation facilities. It also has thermal power plants in its generation portfolio to support the baseload and peak energy demands of the country. The company also owns distribution utilities that operate in high-growth areas in Luzon, Visayas, and Mindanao, including the second and third largest private utilities in the country. For further queries on this Press Release, please contact

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NGCP restores earthquake-damaged Kidapawan Substation

November 13, 2019

NGCP has restored its Kidapawan Substation on Sunday, November 10, ahead of its November 17 target energization. The substation is now ready to fully accommodate power from Mt. Apo Geothermal Power Plant (MAGPP) to the Mindanao grid once it goes online. The Kidapawan Substation suffered damage to its high voltage substation equipment and control room facilities due to the magnitude 6.7 earthquake in Tulunan, Cotabato last October 31. Access to the substation was also initially hindered by landslides around the area, necessitating rescue of substation personnel by chopper. Despite the damage to facilities, supply of power to electricity consumers in the area was uninterrupted as NGCP was able to shift and transfer power supply through its Tacurong Substation. As soon as the situation in the area was deemed safe and passable, NGCP deployed its personnel to assess the substation damage and implement a restoration plan. This plan involved clearing of debris; design and installation of scaffolding/support structures; removal of damaged high-voltage equipment; and installation, testing, and evaluation of new equipment.  “We are pleased to report that with the collective efforts of our Mindanao personnel and additional line crews from Visayas and South Luzon, we were able to energize Kidapawan Substation and Kidapawan-Matanao 138kV Line 1 and 2 one week ahead of schedule. Our customers can be assured that we will continue monitoring the situation in the area,” stated the company. NGCP defers to the DOE on the status of generation, sub-transmission lines owned by the electric cooperatives, and distribution lines. NGCP is a Filipino-led, privately owned company in charge of operating, maintaining, and developing the country’s power grid, led by majority shareholders Henry Sy, Jr. and Robert Coyiuto, Jr.###

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Cagayan de Oro teachers hone their skills through Ayala Foundation’s CENTEX education program

November 13, 2019

As part of its sustained efforts in helping improve teacher effectiveness across the country, Ayala Foundation recently completed intensive training sessions for educators in Cagayan de Oro City, under the CENTEX Training Institute program. Forty teachers and a school head from Bongbongon Elementary School participated in a three-day training session organized by Ayala Foundation, in partnership with the City Government of Cagayan de Oro and the Department of Education Division of Cagayan de Oro. Held from October 21 to 23, the intensive training sessions focused on the following essential elements for lifelong learning: “Classroom Pedagogy and Methodology, Values Clarification, and Use of Technology in the Classroom.” The development of thinking skills does not only play a big role in improving the learning experience, but also has a lasting impact in the growth and development of children. CENTEX Training Institute prepares Cagayan de Oro City educators to become collaborative agents of change who will guide children of today and tomorrow live and lead more successful lives. Among the topics discussed during the learning sessions were 21st-century learning skills and 21st-century learning environments, classroom management, socio-emotional learning, visible thinking, teaching with technology, and values clarification. Ayala Foundation develops and implements its education initiatives through CENTEX. CENTEX started in two public schools in Manila and Batangas, providing high-quality public education for children from economically disadvantaged families. Over the years, the program has evolved, as it emphasized that a child’s holistic development is the shared role of teachers and school heads, parents, and members of the community. Through the CENTEX Training Institute, Ayala Foundation brings the CENTEX experience of holistic and quality public education to different parts of the country. To date, Ayala Foundation has trained hundreds of public school teachers from 17 areas in 11 provinces nationwide, making an impact in the lives of thousands of students. About Ayala Foundation As the social development arm of the Ayala group of companies, Ayala Foundation envisions communities where people are creative, productive, self-reliant, and proud to be Filipino. Ayala Foundation's main program areas are Education, Community Leadership, Suitable and Sustainable Livelihood, and Arts and Culture. For more information, visit www.ayalafoundation.org.      

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23 NorMin LGUs win SGLG award  

November 12, 2019

CAGAYAN DE ORO CITY, Nov. 10 -- From 10 awarded local government units (LGUs) in the previous year,  Northern Mindanao surges up its number of Seal of Good Local Governance (SGLG) awardees this year, reaching 23 LGU passers.   For the Provincial Government category,  the Province of Bukidnon made it to the list of awardees, along with El Salvador City and Valencia City under the City Government category.    For the Municipal Government, the following snatched the seal this year: Impasugong, Kadingilan, Pangantucan, Quezon, and San Fernando from the Province of Bukidnon; Sagay from the Province of Camiguin; Bacolod, Balo-i, Baroy, Kapatagan, Kauswagan, Sapad, Sultan Naga Dimaporo, Tangcal, and Tubod from the Province of Lanao del Norte, Plaridel from the Province of Misamis Occidental; and Lugait, Medina, Salay, and Villanueva from the Province of Misamis Oriental.    “It is the honor of the Department of the Interior and Local Government (DILG) Region 10 that our local government units took the challenge of passing the seal this year. Despite the tougher criteria, more LGUs even won the SGLG award,” DILG 10 Regional Director Arnel M. Agabe said.    He commended the efforts made by the LGUs saying “beyond the recognition and incentives that the LGUs could get, being awarded with SGLG manifests that ‘good governance’ exists in their jurisdictions and they are able to provide excellent services for their constituents.”   This year, the SGLG carries on with the “All-in” assessment criteria where the LGUs must pass all seven (7) governance areas of (a) Financial Administration, (b) Disaster Preparedness, (c) Social Protection, (d) Peace and Order, (e) Business Friendliness and Competitiveness, (f) Environmental Management and (g) Tourism, Culture and the Arts.    For a province to qualify, ten percent (10%) of its component cities and municipalities must be passers, as per DILG MC 2019 – 44.   “The SGLG assessment criteria continues to be upgraded and redefined to highlight the critical roles of our LGUs, to encourage continual improvement to the services they are providing,” Agabe explained.    Moreover, he also lauded the efforts of DILG filed officers who contributed to this success.    “We also salute our matitino, mahuhusay, at maaasahang DILG field officers who did the extra mile in preparing their LGUs for the assessment, through the support of their Provincial/City Directors,” Agabe further said.    SGLG is a yearly award and incentive program that puts a premium on integrity and good performance as it seeks to institutionalize the continuity of local governance reforms and development. It is a progressive assessment system that gives LGUs a distinction for their remarkable performance across several areas. (Rezza Mae B. Tolinero/DILG10)

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John L. Gokongwei, Jr., 93

November 10, 2019

We mourn the peaceful passing of our Founder and Chairman Emeritus John L. Gokongwei Jr., on November 9, 2019. He was 93. We, the 75,000-strong employees of JG Summit Holdings and Robinsons Retail Holdings, join the nation in paying tribute to the founder of the first Philippine multinational conglomerate, a philanthropist with a passion for education. Mr. John, as we fondly called him, was a visionary. He was an inspiration to entrepreneurs and businessmen around the nation, with his pioneering ideas, his strong work ethic, his passion, and perseverance. Today, the Gokongwei Group is one of the country’s largest and most diversified conglomerates with interests in air transportation, telecommunications, banking, food, power, property,  hospitality, retail, and petrochemicals. He is survived by his wife of 61 years, Elizabeth, and his children Robina, Lance, Lisa, Faith and Hope, and Marcia; his in-laws and grandchildren; brothers Eddie and James Go, sister Lily; and his nieces and nephews.  The wake will take place from Monday, November 11 to Thursday, November 14 at Heritage Park, Taguig, from 12 p.m. to 10 p.m.  Daily masses will be celebrated at 7 p.m. Funeral mass will be on Friday, November 15 at 8 a.m. at Heritage Park. In lieu of flowers, the family requests donations to your favorite charity.

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AboitizPower posts P13.5 billion net income from January to September 2019

November 10, 2019

On a year-to-date basis, AboitizPower’s net income for the first nine months of 2019 was ₱13.5 billion, 19% lower than the ₱16.7 billion recorded during the same period last year. The company recognized non-recurring losses of ₱220 million versus last year’s losses of ₱1.7 billion related to net foreign exchange and derivative losses. Without these one-off losses, the company’s core net income was ₱13.7 billion, 26% lower than the ₱18.4 billion recorded in the same period last year. This was primarily due to the higher volume and cost of purchased power, lower spot market revenues, and lower plant availability. “It has been a tough year for AboitizPower with the supply issues that resulted in the high cost of replacement power for our customers. The company has also generated lower revenues from the spot market due to challenges that caused some of our power plants to shut down,” said Emmanuel V. Rubio, AboitizPower Chief Operating Officer. “Despite this, our customer base continues to grow, which underscores the consumers’ trust and confidence in AboitizPower. Moreover, we remain confident that with our incoming capacities, we will surpass our 2020 target of 4,000 megawatts attributable capacity, ensuring sustainable growth for the company, our shareholders, and the customers and communities we serve,” Rubio said. Results of Operations Generation and Retail Electricity Supply   AboitizPower’s generation and retail supply business recorded consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) of ₱28.7 billion in the first three quarters of 2019, 13% lower than the ₱33 billion recorded during the same period last year. This was primarily driven by the higher volume and cost of purchased power, lower spot market revenues, and lower plant availability. Spot market prices were high in the first half of 2019 and during that period, the company purchased replacement power due to outages and contracting ahead in preparation for Therma Visayas, Inc.’s incoming capacity. Plant availability was also lower versus the same period last year due to outages from the company’s coal facilities. Distribution   For the first three quarters of 2019, AboitizPower’s distribution business recorded consolidated EBITDA of ₱6 billion, 3% lower than the ₱6.2 billion recorded during the corresponding period in 2018. This was primarily due to lost margins from the decommissioning of the Bajada power plant. The company saw energy sales increase to 4,341 gigawatt-hours (GWh), which was 5% higher than the 4,136 GWh recorded in the first nine months of 2018. This was primarily driven by the increase in new customers across all segments. About AboitizPower AboitizPower is the holding company for the Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances business and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities. The company is one of the largest power producers in the Philippines with a balanced portfolio of assets located across the country. It is a major producer of Cleanergy, its brand for clean and renewable energy with several hydroelectric and geothermal power generation facilities. It also has various fossil-fired power plants in its generation portfolio to support the baseload and peak energy demands of the country. The company also owns distribution utilities that operate in high-growth areas in Luzon, Visayas, and Mindanao, including the second and third largest private utilities in the country

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