Manila Electric Co. (Meralco) and its subsidiary Meralco PowerGen Corp. (MGen) have signed a memorandum of understanding (MOU) with Vietnam-based VinEnergo Energy Joint Stock Co. The partnership aims to strengthen energy security, improve system reliability, and support the country’s shift toward cleaner energy sources.
The Department of Energy (DOE) is preparing the bidding exercise that will set the production cost for pioneering nuclear power projects (NPPs) in the Philippines.
CreditSights, a unit of Fitch Solutions, has retained its “Underperform” rating for PLDT Inc., even as it views the telecom firm’s planned data center real estate investment trust (REIT) initial public offering (IPO) as beneficial to its credit standing.
The Securities and Exchange Commission (SEC) has cancelled the corporate registration and lending license of Delisha Lending Investor and Trading Corp. due to repeated non-compliance and undisclosed operation of online lending platforms.