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Davao Light
Davao Light and Power Company, Inc. (DLPC) is a Davao-based Filipino electricity company and the third largest privately owned electric utility in the Philippines and is owned by Aboitiz Power Corporation (AboitizPower). In 2007, the company had 247,341 customers and 290,000 customers in 2012. It serves Davao City and some parts of the Province of Davao Del Norte namely: Panabo City, Carmen, Braulio E. Dujali, Sto. Tomas, and some portions of Asuncion and Kapalong. The company was founded in 1929 and originally owned by P. H. Frank but was sold to the Aboitiz Group in 1941. A house bill seeking to expand its franchise area was vetoed by Pres. Bongbong Marcos Ferdinand "Bongbong" Romualdez Marcos Jr. (, , ; born September 13, 1957), commonly referred to by the initials BBM or PBBM, is a Filipino politician who has served as the 17th president of the Philippines since 2022. He is the second child ... on July 27, 2022. References External links * {{DEFAULTSORT:Dav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Davao City
Davao City, officially the City of Davao, is a City of the Philippines#Legal classification, highly urbanized city in the Davao Region, Philippines. The city has a total land area of , making it the List of Philippine cities and municipalities by area, largest city in the Philippines in terms of land area. It is the List of Philippine cities and municipalities by population, third-most populous city in the Philippines after Quezon City and Manila respectively, and the most populous city in Mindanao, in Davao Region, and outside of Metro Manila. According to the 2020 census, it has a population of 1,776,949 people. It is the largest city in the province of Davao del Sur both in population and land area wherein it is geographically situated and grouped under the province by the Philippine Statistics Authority, but the city is governed and administered independently from it. The city is divided into three congressional districts, which are subdivided into 11 administrative district ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Davao Del Norte
Davao del Norte (; ), officially the Province of Davao del Norte (; ), is a Provinces of the Philippines, province in the Philippines located in the Davao Region in Mindanao. Its capital and largest city is Tagum. The province also includes Samal Island to the south in Davao Gulf. Before 1967, the five provinces—Davao de Oro, Davao del Norte, Davao del Sur, Davao Occidental, Davao Oriental—and Guipuzcoa were administered as a single province named Davao (province), Davao, a provincial district of the Department of Mindanao and Sulu. The present-day Davao Region is coterminous with this former province. Davao del Norte is also known as "The Banana Capital of the Philippines." History Establishment Davao del Norte and Davao de Oro (Compostela Valley) by R.A. 8470, January 30, 1998, together with Davao Oriental, and Davao Occidental from Davao del Sur by R.A. 10360, January 14, 2013, used to be a whole province simply known as Davao (province), Davao Region. This origina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Operating Officer
A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the CEO, and report directly to them, acting on their behalf in their absence. In some situations, for example where a COO is appointed as the CEO's successor, the position may be appointed by the board of directors. Responsibilities and similar titles Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of a vice president or chief of staff of the United States: power and responsibility structures vary in government and private regimes depending on the sty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity
Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of either a positive or negative electric charge produces an electric field. The motion of electric charges is an electric current and produces a magnetic field. In most applications, Coulomb's law determines the force acting on an electric charge. Electric potential is the Work (physics), work done to move an electric charge from one point to another within an electric field, typically measured in volts. Electricity plays a central role in many modern technologies, serving in electric power where electric current is used to energise equipment, and in electronics dealing w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aboitiz Power Corporation
Aboitiz Power Corporation also known as AboitizPower (AP), a subsidiary of Aboitiz Equity Ventures (AEV), is a holding company engaged in power distribution, generation and retail electricity services. Background Aboitiz Power Corporation was established on February 13, 1998. The company is AEV's largest subsidiary, contributing 71% of its total income in the first three months of 2019, and holds all of its assets in generation and distribution of electricity. The company's power generation unit is engaged in operations of solar, coal, oil, hydroelectric, and geothermal facilities. On July 16, 2007, it became a publicly-listed company on the Philippine Stock Exchange with an initial public offering of 1.8 billion shares out of 7.2 billion registered common shares. The company established the SN Aboitiz Power (SNAP), a joint venture with Norway-based company SN Power Invest AS, in 2005 with the goal of producing renewable energy. It introduced the floating solar farm, the me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Utility
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods and services that are considered essential; water, gas, electricity, telephone, waste disposal, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. A monopoly can occur when it finds the best way to minimize its costs through economies of scale to the point where other companies cannot compete with it. For example, if many companies are already offering electricity, the additional installation of a power plant will only disadvantage the consumer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Daily Inquirer
The ''Philippine Daily Inquirer'' (''PDI''), or simply the ''Inquirer'', is an English-language newspaper in the Philippines. Founded in 1985, it is often regarded as the Philippines' newspaper of record. The newspaper is the most awarded broadsheet in the Philippines and the multimedia group, called The Inquirer Group, reaches 54 million people across several platforms. History The ''Philippine Daily Inquirer'' was founded on December 9, 1985, by publisher Eugenia Apóstol, columnist Max Solivén, together with Betty Go-Belmonte during the last days of, and becoming one of the first private newspapers to be established under the Presidency of Ferdinand Marcos, Marcos regime. The ''Inquirer'' succeeded the weekly ''Philippine Inquirer'', created in 1985 by Apostol to cover the trial of 25 soldiers accused of complicity in the Assassination of Ninoy Aquino, assassination of opposition leader Ninoy Aquino at Ninoy Aquino International Airport, Manila International Airport on Augu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aboitiz Equity Ventures
Aboitiz Equity Ventures Inc. (AEV) is a Philippine holding company based in Metro Manila, with roots from Cebu City. The conglomerate operates in six major industries: Power, Banking and Financial Services, Food, Infrastructure, and Data Science and Artificial Intelligence. In 2017, the company was ranked 1793rd on the Forbes Global 2000. In 2022, AEV ventured into transforming its organization into a "Techglomerate" - a faster, stronger, and better version of a conglomerate. A techglomerate can refer to a startup tech company that has grown into a conglomerate or a legacy conglomerate that has used technology and startup culture to radically transform the way it behaves and operates. AEV is the latter of the two. History The company was founded on September 11, 1989, as Cebu Pan Asian Holdings; the name was changed to the current designation in 1993. The company went public on November 16, 1994. Business Units Power Aboitiz Power Corporation is a holding company engaged in po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bongbong Marcos
Ferdinand "Bongbong" Romualdez Marcos Jr. (, , ; born September 13, 1957), commonly referred to by the initials BBM or PBBM, is a Filipino politician who has served as the 17th president of the Philippines since 2022. He is the second child and only son of 10th president Ferdinand Marcos and former first lady Imelda Marcos. In 1980, Marcos was elected vice governor of Ilocos Norte, running unopposed with the Kilusang Bagong Lipunan party of his father, who Martial law under Ferdinand Marcos, was ruling the Philippines under martial law at the time. He then became Governor of Ilocos Norte, governor in 1983, holding that office until his family was ousted from power by the People Power Revolution and fled into exile in Hawaii in February 1986. After the death of his father in 1989, President Corazon Aquino allowed his family to return to the Philippines to face various charges. Marcos and his mother, Imelda, are currently facing arrest in the United States for defying a court ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GMA News
GMA Integrated News (simply known as GMA News; formerly known as RBS News Department, GMA Radio-Television News and GMA Rainbow Satellite News; and later GMA News and Public Affairs) is the news division of the Philippine media company GMA Network, Inc. The division generates news output for the company's media outlets, including GMA Network's television channels include GMA Network and GTV, national radio station Super Radyo DZBB 594, digital media platforms like GMA New Media, online platforms include GMA News Online, owned and affiliated regional television and radio stations in the Philippines, and GMA's international channels include GMA Pinoy TV, GMA Life TV and GMA News TV International. History Established in 1959 as the radio news and commentary division of Metro Manila radio station DZBB, GMA-IN is one of the oldest news and public affairs departments in any Philippine media network. Throughout its long existence, it pioneered trends in radio and TV news gath ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNN Philippines
CNN Philippines (abbreviated sometimes as CNN PH) was a Philippine free-to-air television network owned and operated by Nine Media Corporation, together with Radio Philippines Network (RPN), under a license from Warner Bros. Discovery Asia-Pacific. CNN Philippines was the fifth local franchise of CNN in Asia after CNN Indonesia, CNN Türk, CNN Arabic, and CNN-IBN (now CNN-News18 in India). It was formed after a brand licensing agreement with CNN Worldwide and Nine Media in 2014. It then launched on March 16, 2015, replacing 9TV, and was available on various platforms, including cable, satellite, live-streaming, and RPN's television stations. CNN Philippines' local programming was produced from the Worldwide Corporate Center in Mandaluyong. It maintained its analog transmitter located at the RPN Compound in Diliman, Quezon City, while digital transmission facilities were located at the Crestview Subdivision in Antipolo, Rizal. Citing financial losses, CNN Philippines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
