News

FPH CHAIRMAN’S MESSAGE

Dear Fellow Shareholders: Six years ago we decided to express in a few words the vision of First Philippine Holdings Corporation (FPH), which is to: “Uplift lives through key industries and infrastructure that advance national development.” Today, we live in an era where change hurtles at us with blinding speed. Corporations and business models come and go. The average life of a Fortune 500 corporation has now shortened to between

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First Balfour Joins 5th Philconstruct Visayas

Cebu City – First Balfour was among the 200 companies that participated in the 5th Philconstruct Visayas 2014 at the Waterfront Cebu City Hotel and Casino last June 5-7. Organized by Philconstruct Events, Exhibitions and Conferences Corporation (PEECC) and the Cebu Contractors Association, Inc. (CCA), together with the Philippine Constructors Association, Inc. (PCA) and the Philippine Society of Ventilating, Air Conditioning and Refrigerating Engineers, the exhibit featured a wide array

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How Do We Keep Our Project Sites Accident-free?

More and more of our projects are achieving significant safety milestones. The first few months of 2015 alone witnessed back-to-back safety achievements of many of our projects. We interviewed our safety leads at these sites and asked how they ensure that their projects are accident-free. 679,438 Safe Man Hours as of March 13 | Masinloc Power Partners Co. Ltd. Employee Housing Facility | Masinloc, Zambales “As a safety personnel, I

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N2N, Petron RMP-2 Projects Lauded for Safety Milestones

The EDC N2N Relocation Project has just reached another safety milestone as it accumulated a total of 1,500,266 man hours without any lost time incident (LTI) on February 19. The same project was a Corporate Safety Excellence awardee during the 9th Energy Safety and Health Conference held in December 2013. Organized by the Safety and Health Association of the Philippines Energy Sector (SHAPES) in cooperation with the Department of Energy

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Plant & Equipment Division Acquires 160T Liebherr Crane

The newest addition to our growing fleet of cranes is the LTM 1160-5.1 Liebherr All-terrain mobile crane. Having a 160-ton capacity, the mobile crane is now one of the Plant & Equipment Division’s biggest mobile cranes. The LTM 1160-5.1 offers a wide range of upgrades from its predecessor. It is very compact and maneuverable compared to the other cranes of its kind. It has a modern drive concept that is

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DOE-SHAPES Awards First Balfour LGBU PMT

The First Balfour Leyte Geothermal Business Unit (LGBU) Various Projects Project Management Team (PMT) was recognized by the Department of Energy (DOE) – Safety and Health Association of the Philippines in the Energy Sector (SHAPES) as one of the recipients of its 2014 Corporate Safety Excellence Award for the attainment of 2,015,531 safe man hours without lost time incident. The awarding was held last December 16 during the 10th Energy

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Plant & Equipment Division Personnel Undergo ACREOS Simulator Training

Recognizing the role of technology in strengthening its technical expertise and engineering know-how, First Balfour recently invested in the training and development of its Plant and Equipment Division personnel via the ACREOS Simulator, a computerized, high-technology simulator used in handling heavy construction equipment. The company is one of the first in the industry to invest on such innovation from ACREOS, a French company that designs and manufactures modern training solutions

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