Tuesday, 03 June 2025, 7:16 pm

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    Villar Land posts ₱999B profit, eyes further asset gains

    Villar Land Holdings Corp., formerly Golden MV Holdings Inc. on Tuesday announced remaining bullish on property asset appreciation despite reporting net income of ₱999.72 billion in 2024, marking a dramatic rise from ₱1.46 billion in 2023.

    GEA-3 draws over 7,500 MW in renewable energy bids

    The Department of Energy (DOE) is set to announce the winning bids for the third round of its Green Energy Auction (GEA-3) by next week, a move poised to catalyze significant growth in the country’s renewable energy market.

    WESM rates drop 11% in May, easing power costs for businesses and consumers

    The average price of electricity in the Wholesale Electricity Spot Market (WESM) dropped by 11.2 percent to ₱4.01 per kilowatt-hour (kWh) in May, offering relief to commercial and residential consumers amid steady demand growth, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

    Airlines launch June seat sales amid rising competition

    Philippine Airlines (PAL) and AirAsia Philippines have launched major seat sales running from 2 to 15 June, aiming to stimulate travel demand and expand market reach during the midyear travel period.

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