Pangasinan 2nd district Rep. Mark Cojuangco, in a privilege speech before the House plenary on Monday, Aug. 1, underscored the need to adopt nuclear power in the Philippines. Rep. Mark Cojuangco (Screengrab from House of Representatives livestream) Cojuango, in a speech explaining the urgency and...
Messages poured in on the commemoration of the 13th death anniversary of democracy icon, former President Corazon Aquino, who died in 2009 at age of 76 because of advanced colon cancer. A supporter of former president Cory Aquino visited her tomb at the Manila Memorial Park in Parañaque City on...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, logged colossal losses of P15 billion on the electricity generation operation of its power plants due to surging fuel prices in the world market and is now batting for rate hikes so it can partly...
Aboitiz Equity Ventures Inc. reported a 12 percent dip in consolidated net income to P11.8 billion in the first half of 2022 from the P13.5 billion recorded during the same period last year. In a disclosure to the Philippine Stock Exchange, AEV said it recognized non-recurring gains of P2.7...
Lawmakers on Sunday, July 31, paid tribute to former President Fidel V. Ramos who died at the age of 94, with Deputy Speaker Ralph Recto of Batangas 6th District calling him “Steady Eddie” who steered the Philippines to economic development at a time of great crisis in the early 1990s. Former...
‘’Maid in Malacanang’’ tickets are now available in the Philippines and some countries around the world, but they are not for free. ‘’Yes, cinema tickets are available just now; go back to your favorite malls and don't believe the posts of losers (in the May 2022 elections),’’ the...
Senator Sherwin Gatchalian has proposed solutions to the daily intermittent power outage in Occidental Mindoro as the power crisis has affected hospital operations amid a dengue outbreak as well as rising Covid-19 cases. One solution, according to Gatchalian, is for the National Power Corporation...
Semirara Mining and Power Corporation (SCC) is returning to the 30-company PSE index (PSEi), replacing Security Bank Corporation (SECB), effective Monday, August 8, 2022. In a statement, the Philippine Stock Exchange said Semirara was qualified to be a member of the PSEi based on the results of the...
President Ferdinand "Bongbong" Marcos Jr. has vetoed the proposed bill that seeks to expand the franchise area of Davao Light and Power Company. JUST IN: President Ferdinand Marcos Jr. vetoes the bill proposing to expand the franchise of the Davao Light and Power Company "due to, among others, its...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, has listed its P40-billion fixed rate bonds with the Philippine Dealing and Exchange Corporation (PDEx), which has been touted as the largest corporate bond issuance to date. According to SMCGP, the...
The Pasay City government announced that residents along D. Jorge and Valerio Streets near M. dela Cruz Street will experience power service interruption on July 27 from 4-9 p.m. The Manila Electric Company (Meralco) will conduct replacement of facilities along D. Jorge St. according to the...
Presidential son and Ilocos Norte 1st district Rep. Sandro Marcos refused to stand idle as his constituents continued to bear the brunt of costly electricity. Ilocos Norte 1st district Rep. Sandro Marcos (left) and ERC Commissioner Alexis Lumbatan (Facebook) That's why, when Marcos had the...