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Meralco says power supply restoration almost complete; readies for Red Alert

Manila Electric Co. said that by early Tuesday it had almost fully restored power supply to around 1.7 million customers affected by Typhoon Aghon but warned of possible outages as the National Grid Corp. declared yellow and red alerts in the Luzon Grid.

Teaching school taps ACEN unit in renewable energy pact

The National Teachers College (NTC) has tapped ACEN Corp. retail arm ACEN Renewable Energy Solutions (ACEN RES) for the supply of renewable energy to the learning institution.

Fuel price rises 40-centavos more per liter beginning Tuesday

The price of gasoline and diesel will increase by P0.40 per liter at the pumps just after midnight Tuesday, the various retailers said.

T-bill yields rise as demand for short-dated debt papers ease

Treasury bill yields were slightly higher at Monday’s auction, with an earlier government report of a budget surplus in April tempering the impact of lower demand for short-dated debt papers.

Filinvest projects leasing half its ready-built factories at Clark

Filinvest Land Inc. is seen to have leased half of its ready-built factories at the New Clark City in Tarlac within the year, with the last five units taken by next year to complete the development of the first phase of the project. 

Just in

DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.
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