Meralco secures 1-year power supply deal with AboitizPower
MANILA Electric Co. (Meralco) has secured another emergency power supply agreement (EPSA) for one year with a unit of Aboitiz Power Corp., an official...
Ovialand launches P990-M housing project in Bulacan
RESIDENTIAL property developer Ovialand, Inc. has launched a P990-million housing development in Baliwag, Bulacan to mark its foray outside South Luzon, the company said...
PetroEnergy set to take EEI Power’s shares in renewable energy firms
YUCHENGCO-led PetroEnergy Resources Corp. has signed a share purchase agreement with EEI Power Corp. to acquire the latter’s share in three renewable energy subsidiaries.
In...
Phinma subsidiary to develop schools in Laguna
PHINMA Corp.’s education unit Phinma Education Holdings, Inc. is set to develop the facilities of schools in Laguna through its new initiative, the company...
Chevron, Global Business Power renew fuel supply agreement
CHEVRON Philippines, Inc. has renewed its fuel supply deal with Global Business Power Corp. (GBP) to supply the latter’s seven plant facilities in Cebu...
Offshore wind farms seen to support country’s power needs
ABOITIZ Power Corp. said offshore wind resources will eventually support the country’s power needs as the technology becomes more competitive, its top official said.
“Eventually,...
How PSEi member stocks performed — April 25, 2023
Here’s a quick glance at how PSEi stocks fared on Tuesday, April 25, 2023.
Nickel Asia to open two more Philippine mines, eyes power unit IPO
MANILA - Nickel Asia Corp, the Philippines' biggest nickel ore producer, expects to bring two more mines into production in three years and will...
Meralco core profit up 41% as energy sales rise
MANILA Electric Co. (Meralco) registered a consolidated core net income of P9.05 billion in the first quarter, up by 40.5% from P6.44 billion a...
Plaintiffs in US case versus PLDT count alleged losses
PLDT Inc. said on Monday that two of its investors filed separate motions to the court on April 7 seeking to serve as the...
ACEN estimates P30-B debt for capital spending
AYALA-led ACEN Corp. is looking at an estimated P30 billion in new debts to fund its capital expenditures of about P50 billion to 70...
Globe’s SIM registration boosted by its emergency cell broadcast
GLOBE Telecom, Inc. said it saw an increase in daily registrations, recording a million over the weekend after it used emergency cell broadcast (ECB).
The...