Tag: Philippine Economic Briefings

Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.

The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.

The SM Investments Corporation (SMIC) group plans to spend more than US$50 million this year to explore geothermal steam in six new sites, as it expands its renewable energy business.

Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, has completed a major runway surface upgrade at Laguindingan International Airport, the second-busiest airport in Mindanao.