Notes: PSE offered stock right recently as DOF chief mentioned. Who will acquire it? Maybe PDS is a cash cow.
2. The Insurance Commission (IC) said this supplements the guidelines on the electronic commerce of insurance products issued by the regulator in 2014, one which provides the framework on the distribution of insurance products through the internet. Insurance companies may now use mobile applications in the distribution of their products. The IC said the mobile applications could either be pre-installed in a mobile device, an item in the subscriber identification module (SIM) menu of a mobile network carrier, or those downloadable via major digital platforms, such as Apple Store, Google Play and Microsoft Windows Marketplace.
Notes: Will it be an additional revenue generation tool for telco even small?
3. Listed miner Oriental Peninsula Resources Group Inc. (ORE) is venturing into the power generation business, particularly eyeing investments in renewable energy. Also in 2009, It acquired 40 percent of Oriental Energy Power Corp., signed a service contract with the Department of Energy (DOE) to build an 18-megawatt (MW) hydropower plant in Timbahan River, Aklan.
Notes: There is a oversupply warning....why more and more companies want to join power generation?