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Cebu Pacific defers China flights relaunch; redeploys aircraft to Vietnam, Thailand instead

Cebu Pacific has deferred anew the relaunch of several flights to China due to a combination low demand and the state of Philippines-China relations.

Electricity costs ease in July as demand moderates  

Electricity prices at the Wholesale Electricity Spot Market (WESM) fell in July even though there was less demand for the commodity during the period, the Independent Electricity Market Operator of the Philippines (IEMOP) said.

PCPC’s 135-MW pulverized coal burning power plant in Iloilo resumes full operations

Palm Concepcion Power Corporation (PCPC) said that its 135-MW CFBC Power Plant in Concepcion, Iloilo is fully operational again to meet the power needs of its service area.

Gymnast Carlos Yulo wins Philippines 2nd Olympic gold

Great things do come in small packages. And Filipino gymnast Carlos Yulo proved that in Paris on Saturday, winning the Philippines’ second Olympic gold and the first for gymnastics.

Less than a third of renewable energy proponents push ahead and build power plants

A fairly large number of renewable energy firms propose sending their output to the National Grid Corporation of the Philippines (NGCP) and undergo so-called system impact studies (SIS), based on end-June data at the Department of Energy (DOE).

Just in

PITX sees 1.89 million passengers for Undas travel period

The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.

SEC rolls out new market making rules to boost liquidity, align with global standards

The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.

Hydropower developers call for stronger government support, clear roadmap to unlock sector potential

Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.

Analysts see sustained long-term growth for Mynt ahead of stock market debut

FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
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