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Electricity prices down in Luzon, the Visayas but up in Mindanao

The Independent Electricity Market Operator of the Philippines (IEMOP) reported falling Wholesale Electricity Spot Market (WESM) prices in Luzon and the Visayas in September, bucking prices reported in Mindanao.

SEC identifies Melon Plus, Mono Mall as pyramiding fraudsters

There is no doubt that Melon Plus/Primelogix Marketing Inc. is a pyramid scheme. There is also not doubt that Mono Mall has forged its certificate of incorporation that the Securities and Exchange Commission has labelled as fake. 

First Gen doubles renewable energy pact in Negros to 40 MW

The Energy Development Corp, a First Gen Corp. subsidiary, has signed a 20-megawatt base load supply agreement with the Central Negros Electric Cooperative (Ceneco) in Negros Occidental.

Meralco keen on investing in electric cooperatives

The Manila Electric Co. is keen on investing in particular electric cooperatives (EC) to help boost the level of service in key areas of the country.

Eight-month tourist arrivals hit 3.66M

Foreign visitors arrival in the Philippine between January and August this year reached a total 3.66 million, 38 percent more than the total tourist arrivals for the whole of 2022, data from the Department of Tourism showed.

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Aboitiz InfraCapital, Panglao seek closer ties to boost tourism experience

Aboitiz InfraCapital Inc. (AIC) and the Municipality of Panglao are exploring closer coordination to improve the visitor experience in one of Bohol’s busiest tourism destinations, building on upgrades at Bohol-Panglao International Airport (BPIA).

GCash parent Mynt sets IPO price at P6.60/share; could raise up to P60.9B

Mynt Inc., the parent firm of leading digital wallet GCash, has fixed its final offer price for the initial public offering (IPO) at P6.60 per common share.

Cesar Virata leaves a legacy of service 

Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.

PLDT secures full ownership of Radius Telecoms

PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.
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