Monday, 23 June 2025, 3:53 pm

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    Auction terms for 11,600 MW of renewable energy now out 

    The Department of Energy (DOE) looks to attract more renewable energy (RE) investors in the wake of the release of the terms of reference...

    Araneta, Megawide clash over construction cost of Cubao buildings 

    Tycoon Edgar Saavedra’s publicly listed Megawide Construction Corp. is at legal odds with the Araneta family over construction costs related to erecting the Gateway...

    Power reserves across Luzon are thinning

    The supply of electricity across Luzon are thinning and likely trigger a yellow alert starting late this month, according to the Institute for Climate...

    Mreit shrugs off 2022 headwinds; reports P2.5 billion income

    Mreit Inc., the real estate investment trust of Megaworld Corp., reported income of P2.5 billion in 2022, more than double the previous year’s P1.1...

    Airline bookings intensify as fuel surcharge go south

    Travel bookings were to intensify further as the fuel surcharge for domestic and international flights continue to drop, according to domestic airline executives.  "Any form...

    Just in

    Bridge hits spark urgent review of truck clearance rules

    The Confederation of Truckers Association of the Philippines (CTAP) has raised concerns over the increasing number of trucks hitting bridges across major highways, citing outdated vertical clearances as a persistent and nationwide issue.

    MPower secures extended deal to power Gokongwei facilities

    MPower, the retail electricity supply unit of Manila Electric Company (Meralco), has renewed its retail electricity supply (RES) contract with the Gokongwei Group, reinforcing a strategic energy partnership that powers the latter’s key commercial and industrial facilities across Luzon.

    PAL to receive first Airbus A350-1000 in 4Q as fleet renewal begins

    The Philippine Airlines (PAL) on Monday confirmed that the first Airbus A350-1000 aircraft will arrive in the fourth quarter this year, marking the start of its fleet renewal and long-haul growth strategy for the flag carrier.

    RCBC posts 44% surge in credit card receivables

    Rizal Commercial Banking Corp. (RCBC) has reported one of the fastest-growing credit card portfolios in the country, with receivables soaring 44 percent year-on-year to ₱116.98 billion as of March 2025, based on company data. This significantly outpaced the industry’s 29 percent average growth, according to the Credit Card Association of the Philippines (CCAP).
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