SMC Global Power Holdings Corporation of the San Miguel group officially leads the Philippines’ debut into the "LNG importers club of the world" following the arrival of its first LNG shipment at one of the country’s major ports. The Department of Energy (DOE) affirmed the arrival of the first...
US-headquartered Fluence Energy, Inc. has completed the 570-megawatt battery energy storage system (BESS) project for leading Philippine energy player SMC Global Power Holdings Corp. (SMCGP) of the San Miguel group. The company emphasized that the project’s completion milestone coincided with the...
Rising summer temperatures and threats of power service interruptions amid surging electric bills could really trigger disappointments among us as we yearn for a “more hopeful story” that can rescue us from these predicaments. On March 31 this year, a bit of that “hope” came to light with...
Power utility giant Manila Electric Company (Meralco) has inked a one-year emergency power supply agreement (EPSA) with South Premiere Power Corporation (SPPC) of the San Miguel group for the delivery of 300-megawatt capacity from March 26, 2023 to March 25, 2024. The supply contract provided for a...
Alternergy Holdings Corporation, which just had its debut at the Philippine Stock Exchange (PSE) this Friday, March 24, announced that it will be tapping equity partner for its 100-megawatt Tanay wind farm project in Rizal province. The company said it will do its selection process via the letters...
Power utility giant Manila Electric Company (Meralco) divulged that it received new offers for one-year contract to cover 670 megawatts of capacity that will replace the cheaper fixed price contract of the Ilijan gas-fired power plant of South Premiere Power Corporation (SPPC) of the San Miguel...
Preparing for expansion in Zamboanga Peninsula Leading food and beverage kiosk and community store operator, Fruitas Holdings Inc., listed on the Philippine Stock Exchange under the symbol FRUIT, has set its sight on the Zamboanga Peninsula by securing two strategic locations for its new Ling Nam...
AyalaLand Logistics Holdings Corporation (ALLHC), a subsidiary of Ayala Land, Inc. (ALI), registered a 29 percent growth in net income to P1.01 billion last year on account of resilient operations and the country's reopened economy in 2022. In a disclosure to the Philippine Stock Exchange, the firm...
Ipilan Nickel Corporation (INC), a subsidiary of diversified conglomerate Global Ferronickel Holdings, Inc. (FNI), is authorized to continue mining operations at its site in Brooke’s Point, Palawan under its agreement with the government. In a disclosure to the Philippine Stock Exchange, FNI said...
CEMEX Philippines makes a distinct achievement as the first cement company in the country to be certified as a Great Place to Work. This recognition showcases the company's commitment to creating a positive and inclusive work environment for its employees. Great Place to Work certification is given...
Leading Philippine counter service bakery company, Balai ni Fruitas, listed on the Philippine Stock Exchange under the ticker BALAI, is expanding the distribution of Balai Pandesal baked goods in Cebu through supermarkets and convenience stores. This is in line with the company’s strategic...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 38 percent growth in consolidated net income to P30.1 billion last year from P21.8 billion in 2021. In a disclosure to the Philippine Stock Exchange, the firm said the improvement is supported by...
