Tep, Jai, EL and Astro of the P-pop group ONX have been taking their passion for music seriously since their launch last year. (bawal magpahinga sa gigs or else papaluin sa behind!) The Boys and their manager Paolo Valconcha are happy with the support they are getting, especially from the group...
Following the pickup in manufacturing in April, Philippine factory growth in May slowed to an almost stagnant pace as production declined due to waning demand for new orders from foreign markets and the sharpest drop in employment in the sector in nearly a year. Data from S&P Global revealed that...
Lopez-led First Philippine Holdings Corporation (FPH) is focusing on the growth of its power generation and real estate businesses, which are being allocated the bulk of the group’s planned investments amounting to ₱57 billion this year. On the sidelines of the firm’s annual stockholders’...
MSpectrum, Inc., a wholly owned solar subsidiary of the Manuel V. Pangilinan-led Manila Electric Company (Meralco), turned over a120-kilowatt peak (kWp) solar rooftop project to DHL Supply Chain to power its training center in Sta. Rosa, Laguna. The project is estimated to generate approximately...
The Department of Energy (DOE) has assured the continued supply and delivery of petroleum products, such as liquefied petroleum gas (LPG), to Samar despite the recent weight limit imposed on the San Juanico Bridge. In a statement on Tuesday, May 27, outgoing Energy Secretary Raphael P.M. Lotilla...
The Department of Environment and Natural Resources (DENR) is set for a leadership change, with the chief of the Department of Energy (DOE) tapped to head the agency. Former Energy Secretary Raphael P.M. Lotilla will now bring his sustainability focus to the DENR, following the announcement by...
Ayala Land Inc., Megaworld Corp., Robinsons Land Corp., and SM Prime Holdings Inc., the Philippines’ top four property developers, are set to accelerate their premium residential projects over the next one to two years, in a bid to cushion the impact of slowing demand in the mass housing segment....
Renewable energy (RE) firm Alternergy Holdings Corporation is eyeing to wrap up construction works for its four projects before the end of the year. During the Alter PSE Investor Day, Gerry P. Magbanua, president of Alternergy, explained that they are aiming to increase its RE capacity through...
The Department of Energy (DOE) will be locking horns with system operator National Grid Corporation of the Philippines (NGCP) to resolve the “ mismatch ” in the country’s transmission development game plan, to ensure that the grid actually delivers where the capacities are needed....
An unexpected power outage could not have come at a more ironic moment, as the Department of Energy (DOE) experienced a brownout at its own head office in Taguig City during a press briefing led by the DOE chief himself. During a press conference held by Energy Secretary Raphael P.M. Lotilla,...
Zobel-led Ayala Corporation’s smaller and newer businesses have turned around or are reducing losses amid measures being taken to ensure their profitability in about two years. “Our smaller, newer companies are turning the corner. We are constructive on the year,” Ayala President and CEO...
SINGAPORE—The Philippine government is currently sharpening its next climate battle plan that will anchor its third round of nationally determined contributions (NDC 3.0) submission ahead of the COP30 Climate Change Summit slated at the Amazonian city of Belem in Brazil by November this year. In...
