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SM Group wins 12 Stevies across business, communities

Even a shopping mall, for the SM Group, apparently, can moonlight as a library, an art gallery, an environmental command center, and a community hub.

EastWest Bank wins dual international finance awards; expands access to wealth & investment options

EastWest Bank has secured two honors from the International Finance Magazine (IFM): Most Innovative Securities Broker – Philippines and Best Priority Banking Experience – Philippines — marking its fourth straight win in the Priority Banking category.

Vivant’s COREnergy to supply 0.6MW power to Cebu’s JEG Tower under 2-year fixed-rate deal

COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.

Low conviction rate in power theft cases fuels reform push; DOE proposes phased removal of non-technical systems loss charges

Only 21 out of 548 electricity pilferage cases recorded since 2022 have resulted in convictions, data presented at the Senate Committee on Energy hearing on August 18 showed, revealing severe enforcement gaps under Republic Act 7832 or the Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994.

Agri damage hits P1.73B; TD Neneng now included

Agricultural losses from the enhanced monsoon and storms Luis, Maymay, and TD Neneng rose to P1.73B, the DA said in its Aug. 20, 7 a.m. advisory — up from P1.42B on Aug. 17 before Neneng’s effects were tallied.

Just in

MWIS bags ‘B’ ESG Rating from Synesgy

Manila Water Infratech Solutions (MWIS) has earned a ‘B’ 2026 ESG Rating from global assessment platform Synesgy, marking a key milestone in its sustainability journey.

Ticket costs rise as CAB hikes fuel surcharge

Airline tickets will cost more in the first half of October after the Civil Aeronautics Board (CAB) raised fuel surcharges in response to steeply rising jet fuel prices. In an official advisory, the CAB announced both domestic and international passenger and cargo fuel surcharges will move to Level 17 from October 1 through 15, up from Level 14 applied during the latter half of September.

SMPC pushes for fair, capability-based bidding rules for coal sites

Semirara Mining and Power Corp. is calling on the Department of Energy to ensure fair process in updated bidding rules for pre-identified coal areas, stressing bidders must be pre-qualified on technical skill, experience, and financial strength.

PEZA, BEZA advance ecozone plans in Bangsamoro provinces

The Philippine Economic Zone Authority (PEZA) and Bangsamoro Economic Zone Authority (BEZA) are moving to develop proposed economic zones in Tawi-Tawi, Basilan and Maguindanao del Norte, potentially opening new investment and job opportunities across the Bangsamoro region.
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