SMC, 2GO, ENDO, Dunkin' Donuts, Consumer Spending

1. SMC Global Power Holdings Corp. is buying 640 MW Coal-Fired Thermal Plant located in Masinloc, Zambales from AES.

Notes: Biggest power generation firm in the Phil?

2. 2GO Group Inc. said it registered a loss of P310 million last year compared to a P344 million income the previous year. Non-shipping continued to increase as a proportion of 2GO’s business and accounted for 61 percent of total revenues in 2017, with shipping accounting for the other 39 percent

Notes: Looks like shipping is not that attractive yet. E-commerce is also growing but not good enough unlike other countries. SM mentioned that it will take long time (10 yrs?) but i don't think so. 

3. President said he is open to a “compromise” on the issue of labor contractualization.

Notes: DOLE already filed new version to OP...not yet signed...and open to talk? Looks like it will not be a very strict version...relieving all the labor intensive industries...especially manufacturing..good news...