Ignite Power: Let SOCOTECO MCOs decide on proposed JV
Ignite Power, a partnership of Razon-led Primelectric Holdings Inc. and Manny Pacquiao's MP Holdings, today (April 30, 2026) said no formal negotiations are ongoing for its proposed joint venture with South Cotabato II Electric Cooperative (SOCOTECO II), stressing that the final decision should rest with the cooperative’s member-consumer-owners (MCOs).
Labor, business groups push VAT relief measures
A coalition of labor and business groups is urging the government to review—and potentially suspend—value-added tax (VAT) on essential goods, warning that sustained price increases are straining both households and enterprises.
Metro Pacific Water ramps up capex for El Niño
Metro Pacific Water (MPW) has earmarked P3.81 billion in capital expenditures for 2026 to fund key infrastructure upgrades in Iloilo City and Dumaguete City, as it moves to strengthen water supply reliability ahead of expected El Niño conditions.
Lapu-Lapu, BOI tie-up targets Cebu investment surge
A new partnership between the Lapu-Lapu City Government and the Board of Investments is expected to strengthen Cebu’s investment climate, with private sector participation—particularly from Aboitiz InfraCapital—seen as a key catalyst for long-term growth.
Manila Water strengthens heat safety measures for workers amid rising temperatures
Manila Water has rolled out additional safety measures to protect its workers and contractors from heat-related illnesses as high temperatures continue across Metro Manila’s East Zone and Rizal Province.
