ERC studies how to defer P22.6-B cost recovery
The Energy Regulatory Commission (ERC) is looking into how the recovery of P22.64 billion in power generation cost can be deferred after the High...
PetroWind, Vestas sign turbine supply deal for Nabas wind farm
Yuchengco-led PetroEnergy Resources Corp. through its subsidiary PetroWind Energy Inc. and Vestas Wind Systems A/S signed a turbine supply and maintenance contract for the...
How PSEi member stocks performed — December 22, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, December 22, 2022.
PLDT, PSE say no fraud involved in P48-B overrun
PLDT, Inc. maintained on Wednesday that its probe into the P48-billion budget overrun has so far yielded no evidence of fraudulent activity.
“PLDT has not...
Holiday rush seen to come in later, shorter this year
DEMAND for consumer goods, which usually spikes during the holiday season, is seen to be shorter this year versus other years, according to Philippine...
SMC, Cebu Pacific: Traffic to peak this week
SAN MIGUEL Corp. (SMC) and Cebu Air, Inc. (Cebu Pacific) are expecting the holiday traffic to peak this week and have advised motorists and...
Vitarich expands capacity in Mindanao as warehouse opens
VITARICH Corp. has opened a 9,000-square-meter (sq.m.) warehouse in Panacan, Davao City to further serve the growing demand in Mindanao, the firm said on...
Jollibee readies global sustainability agenda
JOLLIBEE FOODS Corp. (JFC) is set to launch a global sustainability agenda by the first quarter of next year as it commits to having...
Meralco, DoE to companies: Enroll in interruptible load program
MANILA Electric Co. (Meralco) and the Department of Energy (DoE) have called on more companies to enroll in the interruptible load program (ILP) in...
Addressable TV advertising launched in the Philippines
NEW YORK-BASED media company GroupM announced on Wednesday the launch of Finecast, an addressable television (TV) company, in the Philippines.
Finecast allows advertisers to target...
Eagle Cement files petition for its voluntary delisting from PSE
EAGLE Cement Corp. said on Wednesday that it had filed a petition for the voluntary delisting of its shares from the main board of...
Cebuana Lhuillier extends digital access through BPI
CEBUANA LHUILLIER clients can now send money directly to any account in Bank of the Philippine Islands (BPI), the financial service provider said on...