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.”
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.
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.
The Philippine hog sector is recovering faster than expected from African swine fever, but rising pork demand will keep the country heavily dependent on imports, according to the US Department of Agriculture.
Travellers International Hotel Group Inc. is expanding its live entertainment footprint as it seeks to position the Philippines as the “Broadway of Asia” and draw more visitors through theater, music and Filipino-led productions.
The Regional Trial Court in Polomolok, South Cotabato, has lifted a temporary restraining order (TRO) blocking the plebiscite on the proposed joint venture between South Cotabato II Electric Cooperative (SOCOTECO II) and IGNITE Power and Energy Holdings Inc., clearing the way for member-consumer-owners (MCOs) to vote on the deal.
AC Health is moving into a new phase of integration after a decade of expansion, seeking to bring its hospitals, clinics and pharmaceutical businesses closer together as it builds a broader healthcare network.