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Clark Water bares 15-year service improvement plan costing P5.5 billion

Clark Water, one of 20 domestic subsidiaries housed under Manila Water Philippine Ventures, itself a subsidiary of the Manila Water Co. Inc., has budgeted P5.56 billion as service improvement projects over the next 15 years or until  2040.

Ayala bets big on electric vehicles

Ayala Corporation, noting that up to 20 percent of all vehicles sold by 2030 will be electric, has made big bets on the EV space. 

Quezon Power eyes P71B natural gas-fired plant in Quezon

Quezon Power Philippines Ltd. Co. (QPL), subsidiary of the EGCO Group of Thailand, plans building a 1,200 megawatt natural gas-fired power plant in Mauban, Quezon Province.

DA lines up support for seaweed industry to regain top world spot

The Department of Agriculture underscored the need to increase support for local seaweed producers to boost the potential of the second biggest export earner in Philippine aquaculture, next only to the tuna industry.

Aboitiz’s big bet on data science bears fruit 

In 2019, the Aboitiz Group donated US$10 million to the Asian Institute of Management (AIM) to establish the Aboitiz School of Innovation, Technology, and...

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Nine power gencos vie to supply Meralco 600 MW

At least nine power generation firms have signalled their interest in joining the competitive selection process to supply 600 megawatts of baseload power to the Manila Electric Company.

DOE sets December date for offshore wind auction; fuel supply levels updated

The Department of Energy announced Tuesday that the suspension of the fifth Green Energy Auction Program will end in September, with the actual bidding for up to 3,300 megawatts of offshore wind capacity targeted for December 1, 2026.

DOE: Inter-agency talks key to system loss charge removal 

The Department of Energy (DOE) says it will hold a series of meetings with other government bodies to carry out President Marcos’ order to scrap systems loss charges and their corresponding value added tax, a move meant to bring down electricity costs for all consumers.

GSIS eyes zero-interest HMO financing for gov’t workers, launches G-HEALTH program 

The Government Service Insurance System (GSIS) has formally launched its G-HEALTH initiative, signing its first agreement with Maxicare Healthcare Corporation to support President Ferdinand R. Marcos Jr.’s goal of improving healthcare benefits for state employees.

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