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‘Power interruptions likely if regulator bucks supply contract extension’

The National Grid Corporation of the Philippines (NGCP) warned of intermittent power interruptions resulting from the denial by the Energy Regulatory Commission (ERC) of its request for the extension of ancillary service (AS) agreements while the competitive selection process (CSP) is underway.

Oil prices down for second consecutive week

Local oil retailers are implementing a second rollback in fuel prices in as many weeks. Seaoil on Monday announced a cut in the per liter price of its products by P0.85 for...

Regulators allow Megawide to sell 15M preferred shares

Megawide Construction Corp. said Monday the Securities and Exchange Commission has approved its primary offering of and certificate to sell 15 million perpetual series...

Mreit secures SEC approval of Taguig, Iloilo properties

Mreit Inc., the real estate investment trust of Megaworld Corp., on Monday secured  approval from the Securities and Exchange Commission for the acquisition of office...

India’s MX Player is ABS-CBN’s newest global content partner

ABS-CBN has partnered with India’s over-the-top (OTT) market leader MX Player to broaden its reach among international audiences. The collaboration is a first for both companies...

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Prime Energy confirms major gas boost from Malampaya expansion

Prime Energy said it is on track to deliver additional natural gas from the Malampaya field by the fourth quarter of 2026.

SM malls to shorten amid oil shock

SM Supermalls will open later on weekdays nationwide starting March 30, shifting mall hours to 11:00 a.m. from Monday to Friday as part of efforts to conserve electricity during the ongoing National Energy Emergency. On Saturdays and Sundays, the malls open 10 a.m. Closing hours on all days will be at 9 p.m.

Gov’t steps in to curb looming power rate spike amid global fuel turmoil

The government and energy sector players are rolling out emergency measures to protect electricity supply and limit price increases as global fuel markets remain unstable amid ongoing conflict in the Middle East.

Toyota Philippines profit hits record on EV push 

Toyota Motor Philippines (TMP) booked a record P19 billion net income in 2025, up 18.9 percent from P16.03 billion a year earlier, parent GT Capital Holdings reported, as strong vehicle demand and an expanding electrified lineup lifted results.
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