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Small modular nuclear reactor project discontinued in the US

The push for bring compact nuclear reactors to market stumbled last week as exponents of the clean-energy technology—Utah Associated Municipal Power Systems and listed NuScale Power Corp.-- decided to terminate their decade-old Carbon Free Power Project.

CAB keeps airline fuel surcharge unchanged for December

The Civil Aeronautics Board (CAB) has maintained the passenger and cargo fuel surcharge to level 7 for December due to lower jet fuel prices. 

US EPA extends P280 million technical assistance package DENR

A pair of agreements had been signed promoting competitiveness, ease of doing business and predictable regulations in the local minerals sector as well as that promoting environmental and human health protection.

MPTC to spend $600 million to own Indonesian toll firm

Metro Pacific Tollways Corp. proposes to spend $600 million to own 35 percent of Indonesia’s Jasamarga Transjawa Tol, a unit of Indonesia’s PT Jasa Marga Tbk that operates 35 toll road concessions spanning 1,809 kilometers. 

Hive Health acquires HMO pioneer Health Plan

Health insurance startup Hive Health Philippines Inc. has acquired Health Plan Philippines Inc, one of the pioneers in health maintenance organization (HMO) in the country.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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