
CREC profit surges 58%, new solar capacity boosts earnings
January to March revenues reached P1.14 billion, with electricity sales contributing 85 percent of the total, while EBITDA jumped 53 percent to P593 million…
· 1 min read
Topic

January to March revenues reached P1.14 billion, with electricity sales contributing 85 percent of the total, while EBITDA jumped 53 percent to P593 million…
· 1 min read

The Metropolitan Manila Development Authority has announced simultaneous nighttime road restoration and reblocking projects across major thoroughfares in…
· 1 min read

It is a difficult problem to resolve, as land is limited and funding is constrained, particularly for infrastructure that does not generate direct financial…
· 3 min read

SteelAsia Manufacturing Corp. has secured a P1.25-billion green loan from Taiwan-based Cathay United Bank to accelerate the company’s expansion of low-carbon…
· 2 min read

National Grid Corporation of the Philippines (NGCP) spokesperson Atty. Cynthia Alabanza said Friday that unplanned shutdowns are primarily driven by high…
· 2 min read

Axelum Resources Corp. nearly doubled its first-quarter earnings to P267 million as stronger export demand and higher-margin products helped offset…
· 2 min read

Filinvest Development Corp. (FDC) reported a net income attributable to equity holders of P3.9 billion in the first quarter, up 8 percent from P3.6 billion a…
· 1 min read

National Grid Corporation of the Philippines on Wednesday issued the country’s first red alert for 2026 as consumers in Luzon and the Visayas may experience…
· 1 min read

The reduction will be reflected in electricity bills nationwide, as distribution utilities — including Manila Electric Co. and electric cooperatives — pass on…
· 1 min read

National Grid Corporation of the Philippines on Wednesday said the overall transmission rate for May 2026 has been reduced and will be reflected in consumers’…
· 1 min read

More than 200,000 customers across parts of the Manila Electric Co. (Meralco) franchise alone in Luzon experienced rotating power interruptions on Wednesday…
· 2 min read

Filinvest Development Corp. (FDC) is consolidating its Cebu hospitality assets under subsidiary Filinvest Hospitality Corp. (FHC) through a P2.4-billion…
· 1 min read

Cebu Pacific (CEB) posted a net loss of P400 million in the first quarter of the year, reversing a P466 million net income a year earlier due to non-core…
· 2 min read

Ayala Corp. (AC) saw its first-quarter net income slip 5 percent to P12 billion from a year ago, dragged by weaker property earnings and the absence of last…
· 1 min read

Artificial intelligence (AI) is rapidly reshaping the cybersecurity landscape in the Philippines, with organizations struggling to keep pace as AI-driven…
· 2 min read

Power supply in the Visayas was tight on Tuesday after the National Grid Corp. of the Philippines (NGCP) placed the region’s grid under yellow alert from 5 to…
· 2 min read

MORE Electric and Power Corp. (MORE Power), the Razon-led power distributor in Iloilo, is rolling out a three-year plan to shift to unmanned substations under…
· 1 min read

Department of the Interior and Local Government (DILG) Secretary Jonvic Remulla on Monday signaled a potential expansion of Valenzuela City’s anti-open muffler…
· 2 min read

