Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge.
The Parañaque City government is expecting stronger economic activity following the full connection of the 7.7-kilometer CAVITEX C5 Link, which now links Cavite and Taguig through a high-speed expressway route.
San Miguel Corporation (SMC) said Thursday its river cleanup program has removed more than 9.12 million metric tons of silt, garbage, and debris from major waterways across the Philippines since 2020. The work is part of its voluntary flood-control effort, called the Better Rivers PH initiative, and is being done at no cost to the government.
Southeast Asian economic ministers are accelerating regional energy cooperation, fast-tracking the ASEAN Power Grid and the ASEAN Petroleum Security Agreement (APSA) to cushion the bloc against mounting fuel and power risks.
Ayala Land Inc., one of the country’s largest property developer, reported first-quarter 2026 net income of P5.4 billion on revenues of P37.5 billion, as the property giant sharpened its focus on recurring income streams and disciplined capital deployment amid a more cautious operating environment.