Tag: Semirara Mining

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Semirara Mining faces crucial coal contract test

Semirara Mining and Power Corp. (SMPC) is projecting confidence as it braces for a high-stakes government auction that will determine who operates the country’s largest coal mine beyond 2027.

DMCI profit in 9-months down 22% as energy, construction weaken

Diversified conglomerate DMCI Holdings Inc. saw its nine-month net income drop 22 percent to P11.8 billion from P15.1 billion last year, dragged by weaker...

DMCI profit falls amid business transition

Diversified engineering conglomerate DMCI Holdings reported a 27 percent drop in second-quarter net income to P4.0 billion from P5.5 billion a year ago, as weaker results from its coal, real estate, and construction units offset gains in other segments. 

Semirara income falls as coal, power prices stabilize

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

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.

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Foundation draws work-ready scholars from Bacolod university

In Bacolod City, Negros Occidental, Tubig Pilipinas Foundation Inc. (TPFI) has officially partnered with National University (NU) Bacolod through Project KINABUKASAN, an initiative created to help qualified students from host communities earn college degrees and build careers within their home region. Under this agreement, two scholars from Barangays Abo-Abo and Caliban in Murcia, Negros Occidental will receive full tuition coverage, education allowances, and academic support for courses linked to community and national development, such as Civil Engineering, Architecture, Accountancy, and Computer Science.

Chinese brands, EVs steal spotlight at PIMS

The Philippine automotive industry's shifting landscape was on full display at the 10th Philippine International Motor Show (PIMS), where electrified vehicles and the growing presence of Chinese automakers emerged as the event's dominant themes.

PEZA courts VinFast as EV investments accelerate

The Philippine Economic Zone Authority (PEZA) is positioning itself to capture a larger share of Southeast Asia's fast-growing electric vehicle (EV) supply chain, with Vietnam's VinFast emerging as a potential new investor as Indonesian automotive manufacturers expand their presence in Philippine economic zones.

US backs Luzon Corridor, energy partnership push

The US has reaffirmed its support for the Luzon Economic Corridor (LEC), signaling that economic cooperation is becoming an increasingly important pillar of the longstanding US-Philippines alliance alongside defense and security ties.

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