Tag: Semirara Mining

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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.

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.

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Telcos push unified industry approach to protect critical infrastructure

Members of the National Telecommunications Security Council (NTSC) are calling for a unified "whole of industry" approach to safeguard telecommunications facilities, especially when disasters strike.

Semirara seeks court shield over DOE data demand

Semirara Mining and Power Corp. has gone to court to block what it described as repeated attempts by the Department of Energy to compel the disclosure of proprietary mining information that could be shared with prospective bidders for the Semirara coal mine.

PEZA fast-tracks 30 new ecozones yearly expansion

The Philippine Economic Zone Authority (PEZA) is stepping on the gas, targeting the proclamation of 20 to 30 new economic zones every year as it banks on a wider network of investment hubs to drive jobs, exports and countryside growth.

SM Hotels bets on Filipino cuisine to fuel tourism

The next big draw in Philippine tourism may not be a beach, a mountain or a postcard-perfect sunset. It could be what's on the menu.

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