Tag: Semirara Mining

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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.

DMCI Holdings reports 21% drop in 2024 net income

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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PEZA: Luzon corridor offers ready industrial base

The Luzon Economic Corridor (LEC) can give investors a head start by plugging them into 218 established economic zones and 1,777 locator companies already operating along the Subic-Clark-Manila-Batangas corridor, according to the Philippine Economic Zone Authority (PEZA).

SEC greenlignts ACE Medical’s direct public offering

The Securities and Exchange Commission (SEC) has granted regulatory approval for two key transactions: the direct public offering (DPO) of Allied Care Experts (ACE) Medical Center - Pateros Inc. and the rental pool program of Arthaland Corp., a leading property developer.

Rural Filipino consumers highly connected but deliberate, trust-driven—study

Rural Filipino consumers are increasingly digitally connected but remain highly deliberate in spending, with trust, family needs and financial security playing a bigger role in purchasing decisions than simple exposure to brands, a new study by WPP Media, Ogilvy and Fifty5Blue found.

Cotabato residents turn over wildlife to DENR, marking progress in community-led protection

Public awareness and stricter enforcement around wildlife protection are taking root in Barangay Sinkatulan, Makilala, Cotabato as local residents voluntarily surrendered 12 wildlife specimens to the Department of Environment and Natural Resources Provincial Environment and Natural Resources Office (DENR-PENRO) on September 10. The move reflects growing public compliance with Republic Act No. 9147, or the Wildlife Resources Conservation and Protection Act.

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