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First Gen earnings helped by higher power sales from Clean Energy

First Gen Corp., a Philippine-listed independent power producer primarily using clean energy, said Friday recurring net income in 2022 rose 5 percent to $265 million compared with the $252 million posted the previous year, helped by gains in geothermal plants, and wind and solar farms.

JICA helping develop mixed-use spaces in subway stations under construction

Japan, as represented by the Japan International Cooperation Agency (JICA), has agreed to provide technical services to the country’s implementation of the still evolving...

Government plans selling $2B to $3B retail bonds in April

The government on Friday bared final plans to sell so-called retail dollar bonds of up to $3 billion next month as part of the broad plan to support this year’s spending program.

GT Capital income rises 67% in 2022

GT Capital Holdings Inc., the holding firm of the Ty group, reported income rising 67 percent in 2022 to P18.4 billion from P11 billion the previous year, due mainly to the performance of its banking unit.

Australia lends expert hand in support of Manila’s infrastructure buildup program

The Australian government launched today its Partnerships for Infrastructure (P4I) program in Manila in support of the country’s drive to build public infrastructures that...

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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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