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Friday, 18 April 2025, 10:57 am

    Energy

    Korean company coal assets divestment seen completed in H1 2023

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    South Korea state firm Korea Electric Power Corp. (KEPCO) said Wednesday the second phase of the sale of its non-core energy assets in the Philippines is underway.

    ACEN secures $107M financing package from ADB, parallel lenders

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    ACEN and its partner, the BIM Group, have secured a financing package worth $107 million from the Asian Development Bank (ADB) and parallel lenders...

    Volatility of LNG prices to continue this year

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    The price of liquefied natural gas (LNG) could remain volatile this year, force buyers to limit spot purchases and seek long-term contracts instead, according...

    RSA-NEA tandem averts heavily indebted Albay Electric Cooperative disconnection from grid

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    San Miguel Global Power (SMGP), the power generation arm of diversified conglomerate San Miguel Corporation (SMC), has come to the rescue of debt-saddled Albay...

    Foreign firm to start tests for possible hydrogen power plant in Zamboanga

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    A foreign firm is set to conduct technical studies and tests this month for the possible development of a hydrogen power plant in Olutanga...
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Nora Aunor, 71, takes her final bow

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    Nora Aunor, the iconic voice that rose from the...
    Energy

    Meralco rejects DOE claim vs its delayed power supply deal

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    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
    Corporate

    Metro Retail’s 2024 profit dips despite sales growth, expansion push

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    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.
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