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...
Manila Electric Co. (Meralco) reported that it has upgraded a power transformer at Tayabas delivery point (DP) substation to address rising power demand in Quezon province and neighboring towns in Laguna. In a statement, Meralco said the newly energized power transformer has increased its capacity...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Senior Citizens Party-list has welcomed President Marcos' decision to extend the operating franchise of the Manila Electric Company (Meralco) by a quarter-century. "The Senior Citizen...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) has assured its customers of stable, reliable, and continuous electricity service with personnel ready to attend to customer concerns throughout the observance of the Holy Week. “We join the nation in observing a solemn and safe...
Manila Electric Co. (Meralco) welcomed President Ferdinand Marcos Jr.’s support for the renewal of the distribution utility’s (DU) franchise for another 25 years. In a statement on Tuesday, April 15, Meralco Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan commended the President...
Albay 2nd district Rep. Joey Salceda (left), President Ferdinand "Bongbong" Marcos Jr. (PPAB, Facebook) Albay 2nd district Rep. Joey Salceda aired his appreciation to President Marcos after the latter reportedly signed into law one of...
Signing ceremony at the SBMA Corporate Boardroom on March 20, 2025. From left to right: Olongapo City Mayor Rolen Paulino Jr., SBMA Chairman and Administrator Eduardo Jose L. Aliño, Subicwater Chairman Apollo C. Tiglao, and Subicwater CEO Benjamin E. Antonio III Subic Water and...
Manila Electric Co. (Meralco) has partnered with state-owned French electric utility firm Electricité de France SA (EDF) to explore the viability of nuclear energy in the Philippines. In a statement, Meralco said that it has entered into a two-year memorandum of cooperation (MOC) with EDF that...
Solar-powered school. AboitizPower’s Davao Light and the Aboitiz Foundation installed solar panels with battery storage in Kabangbang Elementary School and other last-mile schools across the Philippines, giving these off-grid sites access to electricity and its benefits. For decades, Sitio...