Tag: Semirara Mining

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BOI mulls coal incentives amid Semirara uncertainty 

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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. 
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Spot power prices drop 13% in July, lower utility bills expected 

Energy & Mining 0
Electricity prices at the Wholesale Electricity Spot Market (WESM) fell by 13.1 percent nationwide in July, driven by lower overall demand across the country. According to data released by the Independent Electricity Market Operator of the Philippines (IEMOP) during an online briefing, the national spot price dropped to an averaged P8.31 per kilowatt-hour (kWh) as of July 25, down from P9.56 per kWh in June.

Cebu Pacific swings to P5.9-B H1 loss on high fuel costs, forex hits

Transport & Logistics 0
Cebu Pacific posted a net loss of P5.9 billion in the first half of the year, a sharp reversal from the P8.9-billion net profit recorded in the same period last year, due to surging fuel prices and foreign exchange losses.

PSAC urges AI task force to prepare future workforce 

Communications & Technology 0
The Private Sector Advisory Council (PSAC) is urging the government to fast-track the country's artificial intelligence agenda, proposing a national task force and education reforms designed to equip Filipino workers for an economy increasingly shaped by AI and advanced technologies.

STI Holdings makes Forbes Asia 2026 ‘Best Under A Billion’ list

Education, Health & Science 0
STI Education Systems Holdings, Inc. has been included in Forbes Asia’s 2026 “Best Under A Billion” roster, one of only seven Philippine firms to earn the spot this year. The annual list recognizes 200 top-performing small and mid-sized public companies across the Asia-Pacific with annual revenue under $1 billion and consistent growth.

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