Spot power prices ease in February, but regulators warn of possible surge if Middle East tensions drive fuel costs up
Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.
SEC shuts down MCM Royalty over illegal investment solicitation
The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.
SM Group to spend $50M exploring new geothermal wells
The SM Investments Corporation (SMIC) group plans to spend more than US$50 million this year to explore geothermal steam in six new sites, as it expands its renewable energy business.
Aboitiz InfraCapital completes runway upgrade at Laguindingan Airport
Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, has completed a major runway surface upgrade at Laguindingan International Airport, the second-busiest airport in Mindanao.
Cebu Pacific receives first aircraft delivery for 2026
Budget airline Cebu Pacific has received its first aircraft delivery for 2026, an Airbus A320neo, as part of efforts to expand capacity across its domestic and regional routes.
