Rising fuel prices are beginning to ripple across the sprawling operations of DMCI Holdings Inc., exposing the vulnerabilities of a diversified conglomerate whose businesses—from mining to cement to property—depend heavily on steady and affordable energy supply. For DMCI, the challenge is no...
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...
ILOILO CITY – A miner was killed in a landslide in a coal mining pit of Semirara Mining and Power Corp. (SMPC), the country’s largest coal producer, in Caluya town, Antique province. The Caluya Municipal Police Station (MPS) identified the victim as Ronilo Purgatorio, 48. Police said Purgatorio...
Consunji-led Semirara Mining and Power Corp. (SMPC) sought to calm investors who have been selling down its stock, as well as that of parent company DMCI Holdings Inc., by expressing confidence it will win the bid for a new coal operating contract (COC) after the government said it will not extend...
Diversified engineering conglomerate DMCI Holdings, Inc. has declared a special cash dividend of ₱0.48 per share, amounting to ₱6.4 billion, following a hefty ₱5.33 billion cash dividend declaration by subsidiary Semirara Mining and Power Corp. In a disclosure to the Philippine Stock...
ILOILO CITY — A group opposed the inclusion of Antique province as one of the new potential sites for a nuclear power plant in the country. “We strongly oppose and condemn the reported inclusion of the province of Antique — particularly Semirara Island —as a potential site for a nuclear...
Diversified engineering conglomerate DMCI Holdings Inc. reported an 18 percent drop in consolidated net income to ₱9.1 billion in the first half of 2025 from the ₱11.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a net...
Consunji-led Semirara Mining and Power Corp. (SMPC) reported a drop in its net income due to lower coal and electricity prices. In a disclosure to the Philippine Stock Exchange on Monday, Aug. 4, SMPC recorded that its consolidated net income in January to June this year decreased to ₱8.4 billion...
Consunji-led Semirara Mining and Power Corp. (SMPC) has filed a case against the Department of Finance (DOF), the Bureau of Internal Revenue (BIR), and the Bureau of Customs (BOC) over the imposition of taxes on its fuel imports. In a disclosure to the Philippine Stock Exchange on Wednesday, June...
Consunji-led Semirara Mining and Power Corp. (SMPC) has secured an amended Environmental Compliance Certificate (ECC) from the Department of Environment and Natural Resources (DENR), paving the way for the expansion of its Semirara Coal Mine Complex. In a disclosure to the Philippine Stock...
Looking ahead to this year’s goal of boosting its performance in the energy sector, Consunji-led Semirara Mining and Power Corp. (SMPC) plans to continue its exploration of the 700-megawatt (MW) Saint Raphael Generation Corp. (SRGC) project. During the company’s annual stockholders’ meeting...
DMCI Holdings Executive Vice President and Chief Finance Officer Herbert Consunji Consunji-led DMCI Holdings Inc. is allotting about ₱70 billion for capital expenditures (capex) this year—including investments of affiliate Maynilad Water Services Inc., making its budget 45 percent more...
