San Miguel Global terminates power supply deal with Meralco
Listed power distributor Manila Electric Co. said Monday that San Miguel Global Power has submitted on Friday a notice of termination of the 2021 power supply deal covering 1,800 megawatts.
EastWest Bank 2022 net income growth tamed by one-off items in 2021
EastWest Bank, the lender owned by the Gotianun Group, on Monday posted a net profit of P4.6 billion last year, just one percent higher than the P4.51 billion in 2021 which included one-off items.
BSP assures Malacañang Phl banks can withstand global banking crisis
The Bangko Sentral ng Pilipinas (BSP) has assured Malacañang that Philippine banks are strong and prepared to withstand possible shocks arising from the failure of two major banks in the US and the crisis faced by Credit Suisse in Europe.
Diokno briefs foreign press on Phl economic prospects, infra plan
Finance Secretary Benjamin Diokno has briefed the Foreign Correspondents Association of the Philippines (FOCAP) on the country’s economic strategies for the next five years.
Diokno...
DOE looks to attract 11,610 MW of renewable energy under GEA 2
The Department of Energy (DOE) looks to attract as much as 11,610 megawatts (MW) in renewable energy at the second Green Energy Auction (GEA) that will be conducted in June.
