Local renewable energy (RE) firm Raslag Corp. has inked a power supply agreement (PSA) with Filinvest’s FDC Retail Electricity Sales Corp. (FDC RES). In a disclosure to the Philippine Stock Exchange on Monday, March 31, Raslag said it has signed a two-year PSA with the retail electricity...
Ayala-led ACEN Corp. announced that its subsidiaries, ACEN Global Development Group Inc. and GIGA ACE 6 (GA6), have secured an omnibus loan and security agreement (OLSA) for Quezon North wind project. In a disclosure to the Philippine Stock Exchange on Monday, March 31, the power firm said it and...
(Left) PLDT Global President and CEO Albert Villa-Real and Staffhouse Chief Strategy Officer Rocky Dela Vega (PLDT photo) PLDT Global Corp., the international unit of PLDT Inc., is teaming up with a leading recruitment agency for Filipinos working abroad to expand access to...
The energy sector has traditionally been a man’s world, but women didn’t just knock on the door, they entered the room and are changing the leadership spectrum in this arena. As the month-long tribute to women's impact winds down, my focus is on three female leaders I’ve interviewed in the...
The National Grid Corporation of the Philippines (NGCP) faces delays as the Energy Regulatory Commission (ERC) has deferred the rollout of several projects across Luzon, Visayas, and Mindanao. In an ERC notice, the regulator noted that Group 3 capital expenditure (CAPEX) projects, spanning 2020 to...
First Vita Plus Marketing Corporation president/CEO Rhodora 'Doyee' Tactacan-Tumpalan Rhodora “Doyee” Tactacan-Tumpalan is no stranger to the world of business. Having grown up in a family that brought life to Marikina City’s booming shoe factory empire, she had spent a good chunk of...
With Lizanne Uychaco as Group Diversity Officer, SM Investments continues to build an inclusive workplace, where women's leadership drives both business success and positive societal impact. The SM Group credits its sustained growth and long-term success to its commitment to equal...
These three women are lighting the way for a new era of energy leadership. Energy Undersecretary Rowena Cristina L. Guevara (center), Citicore Renewable Energy Corp (CREC) Chief Investor Relations Officer Abigail Joan R. Cosico (right), and ACEN Corp. Senior Vice President Irene S. Maranan (left)...
The PSEi inched up on some bargain hunting as well as window-dressing with the first quarter about to end. The main index added 7.93 points or 0.13 percent to close at 6,147.44 with sector indices evenly mixed. Volume fell to 1.54 billion shares worth P3.41 billion as gainers outnumbered...
Meralco PowerGen Corp.’s (MGen) renewable energy (RE) unit, MGen Renewable Energy Inc. (MGreen), has increased its clean energy capacity in the first quarter of 2025 with the inauguration of three solar plants. In a statement on Friday, March 28, MGen said it has switched on 152.7-megawatts...
To minimize the risk of potential power outages, the Department of Energy (DOE) urged consumers in Luzon to practice energy conservation as two natural gas power generation facilities are set to shut down from March 29 to March 31. In a statement on Friday, March 28, the DOE reported that the...
San Miguel Corporation (SMC) affiliate Bank of Commerce (BankCom) achieved a new milestone as its net income hit ₱3.02 billion for the first time, up eight percent from ₱2.8 billion in 2023. The bank said achieving its higher profit since becoming an SMC affiliate shows BankCom’s strong...