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Renewable energy firm acquires Visayas hydropower asset

Energy & Mining Context.ph Context.ph -
Repower Energy Development Corp. is expanding its hydropower portfolio through the acquisition of a stake in Taft Hydroenergy Corp., owner of the 15.93-megawatt Tubig Hydropower Plant in the Visayas.

DoubleDragon pivots as overseas revenues fuel growth

Corporate Context.ph Context.ph -
DoubleDragon Corp. posted record revenues of P27.91 billion in 2025, up 56 percent from P17.86 billion a year earlier, as fresh contributions from its overseas operations began reshaping the company’s earnings profile.

San Miguel targets P30-billion preferred share sale

Corporate Context.ph Context.ph -
San Miguel Corp. seeks to raise up to P30 billion through a new preferred share offering as the conglomerate moves to refinance debt and support its ambitious infrastructure expansion program.

US State Secretary backs Luzon Corridor in Marcos call

Economy Context.ph Context.ph -
US Secretary of State Marco Rubio reaffirmed Washington’s support for the Luzon Economic Corridor during a telephone conversation with Ferdinand R. Marcos Jr. on May 31, underscoring the growing economic and strategic partnership between Manila and Washington.

Factory rebound gains steam as demand recovers

Economy Context.ph Context.ph -
Philippine manufacturing returned to growth in May, snapping a brief downturn as stronger domestic demand fueled production and new orders, according to the latest S&P Global Philippines Manufacturing PMI survey.
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Shell Energy PH secures additional 120 MWp solar power deal in Leyte

Energy & Mining 0
Shell Energy Philippines Inc. (SEPH) has entered a second 15-year power supply agreement with Greenlight Renewables Holdings Inc. via its unit San Isidro Solar Power Corp., securing an additional 120 megawatts peak (MWp) from the second phase of the San Isidro solar power project in Leyte. Announced Tuesday, the new deal follows an earlier 15-year agreement for the project’s first phase, bringing the total solar capacity SEPH will source from Greenlight Renewables to 240 MWp.

DOE, DOT team up to advance energy efficiency in tourism sector 

Energy & Mining 0
The Department of Energy (DOE) and the Department of Tourism (DOT) are expanding their joint effort to assess energy use and deliver support to hotels, resorts, and other tourism establishments.

DOT seeks P1.73B boost to close ASEAN tourism gap

Travel & Tourism 0
The Department of Tourism (DOT) is seeking an additional P1.73 billion for 2027 to strengthen the Philippines’ tourism infrastructure, destinations, and promotion as it tries to close an investment gap with more aggressive Southeast Asian competitors.

CLI expands Bohol footprint with third residential site 

Property 0
Cebu Landmasters Inc. (CLI) is expanding its Bohol footprint with a 5.6-hectare residential project in Tagbilaran City, adding a third site as the Visayas-Mindanao developer taps rising housing demand in one of the region’s fastest-growing markets.
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