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Monday, 05 May 2025, 11:06 pm

    Tag: Sumitomo Mitsui

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    DOE orders immediate clearing of power infrastructure for election readiness

    Context Dispatch 0
    The Department of Energy (DOE) has mandated energy sector stakeholders to swiftly remove obstructions from power infrastructure nationwide, especially illegal campaign materials, as part of preparations for the 2025 National and Local Elections.

    SMPC eyes ECC approval for Acacia Mine expansion

    Corporate 0
    Semirara Mining and Power Corp. (SMPC) is targeting the second half of 2025 to secure an environmental compliance certificate (ECC) from the Department of Environment and Natural Resources (DENR) for its planned expansion of the Acacia coal mine.

    WESM prices drop 15.3% in April as supply outpaces demand surge

    Energy 0
    The average price of electricity sold at the Wholesale Electricity Spot Market (WESM) dropped by 15.3 percent in April, offering potential relief to consumers and commercial buyers facing rising summer demand. This was learned from data released Monday by the Independent Electricity Market Operator of the Philippines (IEMOP).

    RLC sees modest 1Q profit rise, bolstered by malls and offices

    Corporate 0
    Robinsons Land Corp. (RLC), the property development arm of the Gokongwei group, reported a modest 4 percent increase in core net income for the first quarter of 2025, reaching ₱3.48 billion, as flat topline revenue of ₱11.03 billion reflected subdued development sales. However, robust performance from its recurring income portfolio highlighted the resilience of its diversified strategy.

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    ADB urges bold collective action amid uncertainty at Milan meetings

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    The Asian Development Bank (ADB) has called for intensified collective action to confront the region’s mounting challenges, framing today’s uncertainty as an inflection point for building a more resilient and sustainable future. Speaking at the Opening Session of ADB’s 58th Annual Meeting of the Board of Governors in Milan, Italy, ADB President Masato Kanda emphasized the urgency of coordinated responses to external shocks, climate change, and debt burdens.
    Context Dispatch

    DOE orders immediate clearing of power infrastructure for election readiness

    0
    The Department of Energy (DOE) has mandated energy sector stakeholders to swiftly remove obstructions from power infrastructure nationwide, especially illegal campaign materials, as part of preparations for the 2025 National and Local Elections.
    Corporate

    SMPC eyes ECC approval for Acacia Mine expansion

    0
    Semirara Mining and Power Corp. (SMPC) is targeting the second half of 2025 to secure an environmental compliance certificate (ECC) from the Department of Environment and Natural Resources (DENR) for its planned expansion of the Acacia coal mine.
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