Vivant Corp. posted double-digit earnings growth last year on the back of strong power generation and early gains from its expanding water business, even as softer energy volumes and higher costs tempered momentum.
Industry leaders are pressing the government to roll out stronger fiscal incentives and establish dedicated industrial zones to accelerate the Philippines’ shift into value-added nickel processing and close the gap with regional competitors.
SM Supermalls will open later on weekdays nationwide starting March 30, shifting mall hours to 11:00 a.m. from Monday to Friday as part of efforts to conserve electricity during the ongoing National Energy Emergency. On Saturdays and Sundays, the malls open 10 a.m. Closing hours on all days will be at 9 p.m.
The government and energy sector players are rolling out emergency measures to protect electricity supply and limit price increases as global fuel markets remain unstable amid ongoing conflict in the Middle East.