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Quarter-million Meralco customers hit by brownout as Luzon grid starves from electricity

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NGCP sends the grid under red alert when the power supply cannot meet consumer demand in the transmission grid's regulating requirement. The power transmission company also placed the Visayas grid under red alert.

CREC slashes IPO price to P2.70 a share

Corporate Context.ph Context.ph -
Citicore Renewable Energy Corp. has slashed the price of its initial public offering by 30 percent to only P2.70 per share from its indicative price of P3.88 apiece. 

SEC approves SM Prime’s P100 billion shelf registration 

Corporate Context.ph Context.ph -
The Securities and Exchange Commission (SEC) has approved the shelf registration of shopping mall operator SM Prime Holdings Inc. for up to P100 billion in fixed-rate bonds. 

Phinma unit starts work on P750 million insulated panel plant in Porac

Corporate Context.ph Context.ph -
Union Insulated Panel Corp., a unit of publicly-listed Phinma Corp., on Thursday started work on a manufacturing plant in Porac, Pampanga that will produce...

Maynilad secures P10B Metrobank loan to fund 2024 capex

Banking & Insurance Context.ph Context.ph -
West Zone concessionaire Maynilad Water Services Inc. has tapped the Metropolitan Bank & Trust Co. for a P10 billion loan to bankroll its capital requirements and better to provide water service coverage and availability to consumers this year and beyond.
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Mang Inasal posts solid first-half sales growth; named PH’s strongest QSR brand

Corporate 0
Mang Inasal, the grilled food brand under Jollibee Group, maintained double-digit systemwide sales growth in the first half of 2026, reporting a 13.2 percent rise following a 15.6 percent full-year increase in 2025.

I Squared Capital advances $2B energy, logistics investments

Energy & Mining 0
Global infrastructure investor I Squared Capital is advancing a USD2-billion investment program in the Philippines, targeting fuel storage, pipeline development and cold chain logistics as the country seeks to strengthen energy security and improve supply chain resilience.

Vena Energy commits P245.3B to Philippine industrial growth

Energy & Mining 0
Singapore-based Vena Energy is advancing P245.3 billion in renewable energy investments in the Philippines, with plans to develop an additional 2.6 gigawatts-peak (GWp) of capacity to meet rising power demand and support industrial expansion.

₱150 plastic tax may raise costs across Philippine economy

Economy 0
A proposed P150-per-kilogram excise tax on single-use plastics could increase costs across the Philippine supply chain, with potential consequences for consumers, small businesses and manufacturers, according to the Philippine Plastics Industry Association (PPIA).
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