Tag: DOE

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Meralco rejects DOE claim vs its delayed power supply deal

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.”

Alternergy takes delivery of largest wind turbines in Philippines

Alabat Wind Power Corp., a unit of listed renewable energy innovator Alternergy Holdings Corp., received the first two units of the largest wind turbines to be installed in the Philippines.

Fuel prices to drop again, offering relief to motorists

Motorists could see another round of fuel price reductions as early as next week, marking the second consecutive week of price rollbacks. According to local fuel stakeholders, the price drop will likely apply to all petroleum products, including gasoline, diesel, and kerosene.

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Eala trades clay dust for grass glory

If clay courts are a slow-burn chess match, grass is a drag race—and Alex Eala arrived at the starting line with her foot firmly on the accelerator.

MGB: PH mining up 28.6% in 1Q, bright 2026 outlook seen

The Mines and Geosciences Bureau (MGB) forecasts a favorable 2026 for the mining sector, driven by strong global demand for energy transition minerals and steady commodity prices.

Discovery Capital secures loan to widen reach, boost financial inclusion

Discovery Capital Finance Corp. has secured a credit facility with Union Bank of the Philippines, part of the Aboitiz group, to speed up its expansion across the country.

EastWest Bank expands priority banking for affluent clients amid strong growth

East West Banking Corp. is set to grow its priority banking network and services, following a 40 percent rise in assets under management to P120 billion last year. CEO Jerry G. Ngo announced the bank will increase priority banking branches nationwide from 13 to 20 in the coming years.

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