The Sheriff of the Regional Trial Court in Panabo has formally taken control of the power distribution assets in the Island Garden City of Samal (IGACOS) and turned them over to Davao Light and Power Co., Inc..
Nickel Asia Corp. said its net income quadrupled in 2025, driven by stronger ore exports and firmer saprolite prices, underscoring a rebound in nickel markets and improved operating leverage.
Power giant Manila Electric Co. is revving up for a historic spending cycle, lining up P272.2 billion in capital expenditures to modernize its grid, harden infrastructure, and keep pace with the country’s swelling power demand.
Department of Energy (DOE) Secretary Sharon Garin said she prefers private firms to take the lead in the government’s upcoming coal resource bidding, stressing that state-run companies should not compete with the private sector unless necessary.