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Power generation charge does not reflect falling global coal prices over year-long ERC study

The Energy Regulatory Commission (ERC) has established a sharp divergence between the price of imported coal that trended lower during a year long study and the actual generation charge levied on consumers during the period. The charge is collected by distribution utilities (DUs) like Meralco on behalf of the various power generation companies (gencos) the country.

DOE bidding for micro-grid services attracts proposals from lone consortium

The Department of Energy (DOE) has completed the opening of bids under the first Micro Grid Service Provider–Competitive Selection Process (MGSP-CSP).

Cebu Pacific completes aircraft deliveries for 2023 

Cebu Pacific rounds 2023 strongly as it completes its 19 aircraft and engine deliveries for the year, fulfilling its goal of improving its operations and address the growing demand for air travel.

Drugmakers set to raise U.S. prices on at least 500 drugs in January

Drugmakers including Pfizer , Sanofi and Takeda Pharmaceutical plan to raise prices in the United States on more than 500 drugs in early January, according to data analyzed by healthcare research firm 3 Axis Advisors.

Tests assure PLDT fast deployment of the latest in fiber optic services

PLDT Inc (PLDT) has successfully tested 50G passive optical networks (50GPON), the latest and fastest in passive optical network (PON) technology--a first in the...

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PCCI bets on growth amid political noise, rising costs

The Philippine Chamber of Commerce and Industry (PCCI) remains cautiously optimistic about business prospects despite rising costs, governance concerns and political controversies, urging the government to restore investor confidence and accelerate reforms.

SMX secures third TTG win as MICE footprint expands

SMX Convention Center has secured its third consecutive Philippines’ Best Convention & Exhibition Center title at the 35th TTG Travel Awards, as parent company SM Hotels and Conventions Corp. (SMHCC) expands its meetings, incentives, conferences and exhibitions (MICE) facilities beyond established business hubs.

Vivant Foundation expands solar projects across Panay communities

Vivant Foundation Inc. (VFI), the corporate social responsibility arm of Cebu-based Vivant Corp., is expanding its flagship Project Liadlaw across Panay Island, broadening the program from school electrification to healthcare, technical-vocational education, and literacy initiatives.

Grab, MOVE IT expand healthcare support for gig workers

Grab Philippines and MOVE IT are expanding healthcare support for gig workers through a partnership with Maxicare, giving eligible driver-, rider-, and delivery-partners access to free, unlimited medical consultations starting November 2026.
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