Tag: Semirara Mining

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Semirara income falls as coal, power prices stabilize

Energy & Mining Context.ph Context.ph -
Integrated energy firm Semirara Mining and Power Corp. (SMPC) reported a P4.1 billion net income in the second quarter of 2025, a 33 percent decline from P6.1 billion in the same period last year, as coal and electricity prices continued to stabilize from 2023 highs.

Semirara Mining earns top Asia-Pacific honor

Corporate Bulletins Context.ph Context.ph -
Integrated energy leader Semirara Mining and Power Corporation (SMPC) has proudly claimed the Gold medal in FinanceAsia’s 25th Asia’s Best Companies Poll. Topping the Philippines in the Best Managed - Basic Materials category, Semirara Mining's recognition came from votes by regional investors and financial analysts.

DMCI Holdings reports 21% drop in 2024 net income

Corporate Context.ph Context.ph -
DMCI Holdings Inc., an investment holding company, reported a 21 percent drop in 2024 net income to P19.0 billion, hurt by weaker commodity and electricity prices, lower construction accomplishments, and a sluggish real estate market. 

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Digital lender launches CIMB Prime with 3.5% interest rate and zero fees

Banking & Insurance 0
CIMB Bank Philippines has introduced CIMB Prime, a new premium banking segment offering higher interest rates, reduced fees, and priority customer service for qualified clients.

Philippines courts hybrid export hub with Mitsubishi

Transport & Logistics 0
The Department of Finance said Monday the Philippines is on track to produce its first locally manufactured hybrid vehicles, as Mitsubishi Motors Corp. advances plans to set up dedicated hybrid electric vehicle (HEV) production at its Philippine unit’s plant in Santa Rosa, Laguna.

Philippines pushes inclusive, resilient ASEAN finance agenda

Banking & Insurance 0
As this year’s chair of the Association of Southeast Asian Nations (ASEAN), the Philippines will steer a round of financial talks, setting the tone for deeper regional cooperation to boost economic activity and expand financial inclusion across Southeast Asia.

NTA steps in to resolve tobacco pricing, grading issues

Agriculture 0
The National Tobacco Administration (NTA) has ordered its branch offices to quickly arrange talks between tobacco farmers and buyers whenever disputes arise, especially on grading and pricing.

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