Friday, 16 May 2025, 12:25 am

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    Balai Ni Fruitas Triples Commissary Set-Up Budget To PHP60M

    Balai ni Fruitas, a listed fresh coconut-based beverage company, said Tuesday it has tripled its commissary set-up budget to P60 million from P20 million...

    SFA Semicon sets aside $10.3M to partially fund 5-year spending plan

    SFA Semicon Philippines Corp., an outsourced semiconductor assembly and test company whose facilities are in the country, said Tuesday its board has approved a $10.3...

    DA bans entry of cattle from Netherlands, poultry from Turkey

    The Department of Agriculture (DA) has issued memorandum orders (MO) banning the entry of imported meat from countries with animal disease outbreaks.

    Fuel price adjustments mixed after two weeks of rollbacks

    Fuel oil retailers have implemented mixed price adjustments after two straight weeks of rollbacks.

    Alternergy unit secures NWRB clearance for Ifugao hydro project

    Alternergy Holdings Corp. said its subsidiary, Ibulao Mini Hydro Corp. (IMHC) has secured a water permit from the National Water Resources Board (NWRB) for the development of a run-of-river hydroelectric power plant in Ifugao province.

    Just in

    Higher electricity sales power 8% profit rise for CREC

    Citicore Renewable Energy Corp. (CREC) reported an 8 percent increase in net income for the first quarter of 2025, rising to ₱230 million from ₱213 million last year, buoyed by a sharp uptick in electricity sales.

    DOE urges fair insurance premium for transitioning coal plants

    The Department of Energy (DOE) is calling on insurance providers to offer more reasonable premium rates for coal-fired power plants, warning that disproportionate insurance costs threaten the operational stability of power sources crucial to the national energy mix.

    MSpectrum, Landers expand solar partnership with Cebu, QC Projects

    MSpectrum Inc., the renewable energy arm of Manila Electric Co. (Meralco), is deepening its collaboration with Southeast Asia Retail Inc., the operator of Landers Superstore, with the rollout of two new solar rooftop installations in Cebu and Quezon City.

    FNI Q1 profit soars on higher shipments, nickel prices

    Global Ferronickel Holdings Inc. (FNI), one of the country’s leading nickel producers, posted a 1,567 percent surge in net income for the first quarter of 2025 totaling P177.3 million, from just P10.63 million a year earlier, as higher shipment volumes and stronger nickel prices buoyed performance.
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