Semirara income falls as coal, power prices stabilize
Integrated energy firm Semirara Mining and Power Corp. (SMPC) reported a P4.1 billion net income in the second quarter of 2025, a 33 percent decline from P6.1 billion in the same period last year, as coal and electricity prices continued to stabilize from 2023 highs.
PSBank eyes P2B from fixed-rate bond issue
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, is set to issue peso-denominated fixed-rate bonds under its ongoing ₱40-billion Bond Program.
SC ruling on Malampaya tax spurs DOE optimism
The Department of Energy (DOE) expressed optimism for increased oil and gas investments following a recent Supreme Court (SC) ruling on the Malampaya natural gas project.
Fuel prices set to surge again Tuesday
Motorists and transport operators should brace for another round of fuel price hikes this week, with oil firms expected to implement significant upward adjustments across all fuel products starting Tuesday.
Pineapple exports jump 14% in 2024 – FAO
The Philippines reported a 14 percent increase in pineapple exports in 2024, shipping around 680,000 metric tons (MT) compared to 600,000 MT in 2023, according to the UN Food and Agriculture Organization (FAO).
