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Thursday, 04 September 2025, 1:38 am

    Energy

    Vivant income falls 10% on lower power sales contribution

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    Vivant Corp. said its income last year fell 10 percent to P1.6 billion from the previous year’s P1.77 billion even though its power business continued to drive the company’s profits. 

    ACEN acquires 8 wind power projects in Texas

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    ACEN Corp., the listed energy arm of Ayala Group, said it acquired a portfolio of eight operating wind projects in Texas, U.S.A. through its joint-venture company, UPC Power Solutions LLC.

    NPC proposes P5B sovereign guaranteed credit line for SPUG

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    Energy officials look to the local debt market for relief and find a P5 billion credit line quickly to underwrite the financing requirements of the Small Power Utilities Group (SPUG) operated by the National Power Corporation (NPC).

    DOE rules out strategic petroleum reserve program

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    The pursuit of alternative fuels is top of mind among policy planners in the pursuit of a stable and cost-effective energy sources to run the various industries, the Department of Energy (DOE) said on Wednesday.

    Power firm bares P20B renewable energy projects over 5 years

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    Renewable energy developer Alternergy Holdings Corp. is prepared to spend up to P20 billion over the next three to five years and install 350 megawatts (MW) worth of new energy projects.
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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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    Corporate

    Asiabest to raise P24.66B for infrastructure pivot

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    Asiabest Group International Inc. is raising up to P24.66 billion as it accelerates its transformation into a full-fledged infrastructure and real estate player. The move marks a major step in the company’s strategic pivot under the leadership of chairman Francis Lloyd Chua.
    Banking & Insurance

    GoTyme Bank launches free InstaPay transfers, challenging industry norm

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    GoTyme Bank has introduced a new policy granting all its customers 20 free InstaPay transfers per month to nearly all banks and e-wallets—significantly undercutting the P15 to P25 fees typically charged by traditional banks and digital wallets for similar services.
    Top News

    ICC tightens flood project review with new river basin policy

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    The Investment Coordination Committee–Cabinet Committee (ICC-CC), chaired by Finance Secretary Ralph G. Recto, has approved a key policy shift requiring flood control and management projects to be aggregated and evaluated by river basin, marking a significant change in infrastructure project approval.
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