Tag: Semirara Mining

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DMCI profit slips in Q1, Declares P4B Dividend

DMCI Holdings, Inc. reported a consolidated net income of P4.9 billion in the first quarter of 2026, slightly lower than the P5.0 billion posted in the same period last year.

Semirara profit dips as volumes weaken

Semirara Mining and Power Corp., the country’s main coal producer, reported a 12 percent decline in first-quarter net income to P3.8 billion from P4.4 billion a year earlier, as softer coal shipments and weaker power generation offset relatively steady pricing, highlighting operational headwinds even as global coal benchmarks remained firm.

BOI mulls coal incentives amid Semirara uncertainty 

The Board of Investments (BOI) is considering whether coal mining and production should be added to the list of activities eligible for fiscal perks under the upcoming Strategic Investment Priority Plan (SIPP), a move that could benefit Semirara Mining and Power Corp. (SMPC), the country’s largest coal producer.

Semirara Mining profit falls as coal, power prices cool

Semirara Mining and Power Corp., the energy arm of the Consunji Group, saw profits tumble in 2025 as softer coal and electricity prices offset record production and power sales, underscoring the impact of easing energy markets after the commodity surge of recent years.

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.

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BDO Foundation marks 250th rehabilitated rural health unit nationwide

BDO Foundation has reached its 250‑milestone for restored rural health facilities since launching the program in 2012, with Compostela Rural Health Unit in Cebu as the landmark site. The turnover coincides with BDO’s 50th anniversary, following 22 completed facility upgrades across the country so far in 2026.

SGV taps Michael Sabado to steer firm into next chapter

In professional services, relationships are currency, trust is the product, and talent is the engine. Michael C. Sabado will now be responsible for keeping all three working in SGV & Co.’s favor.

CLI opens Astra retail hub to support Mandaue mixed-use growth

Cebu Landmasters Inc. (CLI) has opened Astra Lifestyle Centre along A.S. Fortuna Street in Mandaue City, adding a retail component to its mixed-use Astra Centre development as property developers increasingly combine shopping, dining, residential and workplace offerings in a single destination.

PLDT‑Smart steps up Bayanihan SIM push with wider network and community drives

PLDT Inc. and its wireless unit Smart Communications are accelerating roll‑out of the government‑backed Bayanihan SIM program through expanded network coverage and on‑the‑ground activation efforts, strengthening the group’s role as a key private‑sector partner for national digital inclusion. The Bayanihan SIM initiative gives underserved communities access to basic mobile connectivity, with PLDT‑Smart leveraging its extensive fixed‑fiber and mobile network infrastructure to bring the program to more remote locations.

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