The Ty family’s investment arm GT Capital Holdings, Inc. is confident of sustaining its positive momentum this year after reporting that its first quarter 2025 numbers already surpassed last year’s record performance. In a disclosure to the Philippine Stock Exchange, the firm said its core net...
Meralco PowerGen Corporation (MGen), the power generation arm of Manila Electric Company (Meralco), announced that its subsidiary, PacificLight Power Ltd. (PLP), is on track to begin operations of its additional 100-megawatt Fast Start gas turbine capacity this quarter. MGen stated that PLP is set...
Mother’s Day is just around the corner. And yes, I have three sons who are all fully grown adults. So I wouldn’t blame you for raising your eyebrows at the audacity of me writing on a topic that has to do with new and expecting moms—but hear me out. I’ve been following SM Retail’s Green...
Power and water utilities propelled a 17 percent growth in Metro Pacific Investments Corporation’s first quarter core net income to ₱6.6 billion in 2025 from ₱5.6 billion in 2024. The firm said that, “Improved financial and operational performance across MPIC’s portfolio led to a...
A legal entanglement concerning intellectual property (IP) related to a reactor design, which South Korea encountered with the American firm Westinghouse Electric Company, continues to impede the targeted feasibility study intended to evaluate the potential for reactivating the mothballed...
While momentum in the nuclear energy sector is growing, Manila Electric Company (Meralco) noted that major icant progress hinges on the enactment of the Philippine Atomic Energy Regulatory Framework Bill (PhilAtom Bill). In a briefing, Ronnie L. Aperocho, Meralco first vice president and head of...
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has announced the upgrade of its substation in Bonifacio Global City, a move aimed at addressing the increasing power demand in Taguig City and parts of Makati. In a statement on Tuesday, April 30, Meralco detailed the expansion of its Fort...
Metrobank President Fabian S. Dee Metropolitan Bank & Trust Company booked ₱12.3 billion in the first quarter of the year, driven by higher loans and non-interest earnings. In a statement, the bank said earnings improved from ₱12 billion in the first quarter of 2024 as its pre-provision...
Razon-led Bohol Light Company Inc. (BLCI) announced that it would increase its reliance on renewable energy (RE) to meet 25 percent of the power demand in Tagbilaran City. In a statement on Friday, April 25, BLCI said it will source its power from the upcoming 8.4-megawatt (MW) solar project of...
Philex Mining Corporation reported a 32 percent drop in core net income to ₱71 million in the first quarter of 2025 from the ₱105 million earned in the same period last year as higher costs offset the impact of rising metal prices. In a disclosure to the Philippine Stock Exchange, the firm said...
The Court of Tax Appeals (CTA) has denied the P40 million tax refund sought by the Lepanto Consolidated Mining Company for its alleged unutilized input value-added tax (VAT) attributable to zero-rated sales for 2018. In its petition, Lepanto Consolidated Mining said that it exported all of its...
As a responsible mining company, Apex Mining (APX) effectively manages and mitigates its impact to the environment. In 2024, under its Annual Environmental Protection and Enhancement Program (AEPEP), the company spent P141.5 million to carry out activities, initiatives, and programs that...
