For Filipino consumers, it is a crippling puzzle: why are we hammered with over 100 percent cumulative oil price hikes while the rest of the world experiences only 40 percent to 60 percent increases for the same black gold? The answer is a toxic mix of heavy taxes, high import dependence, global...
For every Filipino, the dream of a comfortable home has always been anchored in family. But today, that dream is being tested by a world in flux. As the ongoing conflict in the Middle East continues to disrupt a major shipping route and destabilize global markets, the ripples are felt right here at...
ZAMBOANGA CITY – Some 22,000 households covered by four power feeders continue to suffer a prolonged power outage here due to a defective power transformer. The power outage that started at dawn on Sunday, March 22, is entering its third day after a routine maintenance check on an aging 1999...
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...
ZAMBOANGA CITY – Thousands of consumers served by four power feeders of the Zamboanga City Electric Cooperative are suffering from a debilitating outage caused by a defective transformer. The four feeders, all located in Zamboanga City 's east coast, have not been energized as of 5 p.m....
ILOILO CITY – The Senate is reviewing the proposal to expand Razon-owned MORE Electric and Power Corp. (MORE Power) in southern Iloilo province. The Senate Committee on Public Services chaired by Sen. Raffy Tulfo has started deliberations on the matter. The panel is looking into the legislative...
This year’s National Women’s Month proclaims “Lead like the Babaylans, Filipinas!”, which is a call to champion women leadership in Filipino identity and culture. Babaylans were pre-colonial women healers, community leaders, and spiritual intermediaries, who helped maintain social balance...
As weekly price shocks gouge ever deeper holes in consumers’ pockets, more Filipinos are beginning to wonder: Are we heading toward a future where fuel isn’t just expensive, but essentially a “limited-edition” item? The warning from oil companies has been stark: April marks the edge of the...
CEBU CITY – Pursuing higher education has become easier for this group of students in Toledo City, Cebu. Twenty students from Barangays Bato and Cabitoonan in Toledo received college scholarships through AboitizPower subsidiary Therma Visayas Inc. (TVI). Funded by Aboitiz Foundation Inc. (AFI)...
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....