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Real estate sales, leasing and hotel operations buoy Megaworld earnings

Listed property developer Megaworld Corp. said Thursday first half net income rose 34 percent year-on-year to P7.9 billion on strong gains in real estate...

Villar tops Forbes list of 10 richest Filipinos

Politician turned businessman Manuel B. Villar Jr. remained the country’s richest individual, bested only by the Sy siblings who remain at the top of...

ERC suspends permit allowing NGCP to charge distribution utilities 3% franchise tax

The Energy Regulatory Commission (ERC) has suspended its decision allowing the National Grid Corporation of the Philippines (NGCP) to charge the various distribution utilities...

Nickel Asia eyes commercial Biliran geothermal plant operations late this year

Nickel Asia Corp. (NAC) projects generating an initial 2-megawatt (MW) output from its geothermal power project in Biliran province near Leyte as early as...

Insular Life exec performance cited at cybersecurity awards

Insular Life’s (InLife) chief information security officer Noel Andres M. Perdigon recently received the governance, risk, and compliance (GCR) Leader of the Year Award...

Just in

PH leads push to scale up global loss and damage funding as demand far outstrips available aid

The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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