San Miguel Global Power Holdings Corp. won approval from the Securities and Exchange (SEC) Commission to raise as much as ₱30 billion through a bond offering to refinance its debt and bankroll the expansion of its renewable energy portfolio. The regulator’s en banc commissioners rendered the...
Diversified engineering conglomerate DMCI Holdings Inc. is increasing its capital expenditure (capex) budget by 11 percent this year to ₱24.6 billion from ₱22.2 billion in 2025, mainly for the expansion of its residential and off-grid power businesses and strategic improvements in cement...
Renewable energy (RE) advocates may roll their eyes, but the Middle East friction is shouting a bitter punchline: the world still treats fossil fuels like chocolate. The appetite is insatiable and relentless; if the supply runs dry, economies could fall apart faster than a cookie dunked in milk....
ILOILO CITY – The House of Representatives has approved on third and final reading the proposed expansion of Razon-owned MORE Electric and Power Corp. (MORE Power) in southern Iloilo province. Authored by Iloilo first district Rep. Janette Loreto-Garin, House Bill (HB) No. 7647 called for...
The ongoing Middle East conflict has cast a harsh spotlight on the Philippines’ vulnerabilities, exposing an energy supply chain so fragile that every global flare-up sends shockwaves straight to Filipino households. After 25 years of power industry deregulation and decades of oil market...
Aboitiz Equity Ventures Inc. reported that consolidated core net income remained unchanged at ₱25.5 billion for last year, as growth in its food and beverage segments offset earnings drag from its power generation arm. In a disclosure to the Philippine Stock Exchange, the diversified investment...
In the Philippine energy sector, ‘greed integration’ isn’t subtle anymore. It has been stamped in black and white with the jaw-dropping ₱11/kWh offshore wind price recently approved by the Energy Regulatory Commission (ERC). This rate applies to the targeted 3,300-megawatt capacity auction...
Brig. Gen. Aden Lagradante, Eastern Police District (EPD) director, lauded the professionalism and commitment of the police force during its security coverage of the 40th EDSA People Power anniversary on Wednesday, Feb. 25. He stressed the force 's commitment to ensuring peace and order...
Members of the Samahan ng Progresibong Kabataan (SPARK) on Thursday, Feb. 26, gathered at Mandaluyong City Police Station to denounce the alleged unjust arrest of two activists during the People Power anniversary protests in EDSA Ortigas on Feb. 25. The group called for the immediate release of...
Vice President Sara Duterte apparently took a jab at the Marcos administration when she talked about People Power and massive corruption during a speech with her fellow Mindanaoans. At the conference of the Association of Local Government Accountants Incorporated, she attended on Wednesday, Feb....
CEBU CITY – As the country commemorated the 40th anniversary of the 1986 EDSA People Power Revolution Wednesday, Cebu Archbishop Alberto Uy called for moral conversion. Speaking in a Mass at the Basilica Minore del Santo Niño here, Uy described the popular uprising as a “moment of national...
On the 40th anniversary of the People Power Revolution, members of Akbayan Party joined other progressive groups at EDSA, calling for an end to corruption and political dynasties. Akbayan President Rafaela David emphasized that the EDSA spirit must be fully realized through an "electoral...
