Alabat Wind Power Corp., a unit of listed renewable energy innovator Alternergy Holdings Corp., received the first two units of the largest wind turbines to be installed in the Philippines.
The House of Representatives Tri Committee investigating fake news and misinformation has cited social media personalities Sass Rogando Sasot, Jeffrey Celiz, and Lorraine Badoy-Partosa in contempt for repeatedly failing to attend hearings. The TriCom ordered their arrest for continued absence without offering any legal excuse. Additionally, vlogger Mark Lopez was cited for contempt after posting a maligning remark about the panel following his appearance at the third hearing. Once arrested, the four will be detained at the House until the hearings are concluded. The four are known supporters of former President Rodrigo Duterte.
The Sugar Regulatory Administration (SRA) has activated its Disaster Response Team in response to the volcanic unrest at Mt. Kanlaon, which erupted on Tuesday morning.
Citicore Renewable Energy Corp. (CREC) has announced an 11 percent year-on-year growth in net income, reaching P1 billion in 2024, up from P910 million in 2023.
Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, is set to take over the facilities, buildings, and land of Laguindingan International Airport in a phased handover process within April.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.