Corporate
Maynilad commits prompt repairs under satellite-enabled water leak identification system
West Zone concessionaire Maynilad Water Services Inc. now uses satellite imagery and artificial intelligence to detect underground pipe leaks consistent with its goal of reducing network losses and recover more water for distribution.
Roxas and Co. raises P599 million from sale of treasury shares
Roxas and Co. Inc., a listed investment holding company, said Monday it raised around P599 million from the sale of treasury shares to fund working capital and expansion projects.
Semirara Mining 1Q net profit hurt by rising global demand for cleaner power
A global movement for clean energy sent coal prices falling in the first quarter, dragging with it the net income of listed integrated energy company, Semirara Mining and Power Corp., which fell 28 percent to P6.5 billion during the period.
Extreme heat indices seen pushing Meralco sales growth as high as 6% this year
The Manila Electric Co. (Meralco) anticipates reprising its 2023 sales growth performance averaging 4.7 percent with even better sales numbers this year.
SEC comes down hard on Abra Mining
The Securities and Exchange Commission (SEC) has filed a criminal complaint against Abra Mining and Industrial Corp. (AR), its directors, officers and certain stockholders and even against its transfer agent for unauthorized and fraudulent trading.
