Majority control of Bacolod goes to Razon in BIZ BUZZ

In the constant effort to improve local power and water utilities and generate a reasonable profit, large business conglomerates often face opposition from entrenched interests. This is the case for Enrique Razon Jr., who is facing resistance in his firm’s joint venture agreement with Bacolod City’s power distribution utility, Central Negros Electric Cooperative (Ceneco). The deal has been met with opposition from individuals who invaded Ceneco’s offices. However, the deal’s proponents conducted a two-day plebiscite among Ceneco customers, and the results showed that 78% of the customers who cast their votes were in favor of the joint venture. This means that a “supermajority” of Bacolod City residents support Primelectric Holdings Inc. and Ceneco’s plans. Despite this, critics are still preparing for another battle, but the Ceneco-Razon partnership now has a stronger position with the support of the majority of customers.

In the world of food delivery, movie star and television host Dingdong Dantes is challenging the dominance of big brands like Foodpanda and Grab. His last-mile delivery service, Dingdong, has formed a partnership with local mobile app RiderKo to offer a homegrown alternative. At the height of the pandemic in September 2020, Dingdong made its first delivery and has since grown. Dantes envisions Dingdong as a comprehensive e-commerce and delivery platform that benefits partner businesses and app users. The strategic partnership with RiderKo aims to address gaps in safe and efficient door-to-door delivery service with the help of a professional army of riders. Dantes has even bigger plans for Dingdong’s future and is open to greater ownership of the Filipino-developed brand that bears his name.

—Daxim L. Lucas

Dingdong takes on delivery

Movie star and television host Dingdong Dantes has partnered with local mobile app RiderKo to challenge big brands like Foodpanda and Grab in the food delivery industry. Dingdong, Dantes’ last-mile delivery service, started making deliveries in September 2020 during the height of the pandemic. With the goal of becoming a comprehensive e-commerce and delivery platform, Dingdong aims to benefit partner businesses and app users alike. The strategic partnership with RiderKo brings together talent, knowledge, and innovation to meet the changing needs of the local market. With a team of professional riders, Dingdong plans to provide safe and efficient door-to-door delivery service. Dantes has ambitious plans for Dingdong’s future and is open to increased ownership of the Filipino-developed brand.

—Daxim L. Lucas INQ

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