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Consumer food service providers seen generating P730B in sales this year

The various food service providers in the Philippines are seen generating sales 20 percent more this year than last year of around $13 billion or P730 billion.

ERC issues updated CSP guidelines

The Energy Regulatory Commission (ERC) has issued updated guidelines on the conduct of the competitive selection process (CSP) for the procurement of power by distribution utilities (DUs) and electric cooperatives.

Tyme Bank looking past Manila for expansion

Tyme Bank Holdings Ltd., a digital bank minority owned by the Gokongwei group, is focusing expansion across Southeast Asia as it plans putting up banking operations in Vietnam and Indonesia. 

Power sector forecasts as P7.6T industry by 2040

The P630 billion power generation market is forecast to require investments of some P7.6 trillion by 2040 to meet the country's growing requirements, according to the Energy Regulatory Commission (ERC).

Maynilad spending P1B to boost main reservoir capacity in QC

West Zone concessionaire Maynilad Water Services Inc. is spending P1.07 billion to increase the storage capacity of the Bagbag Reservoir in Quezon City to further boost service reliability for its customers.

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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