March 19, 2020

Aboitiz group unveils P73-B capex, P41 B for power projects

By Myrna M. Velasco – March 19, 2020, 12:00am from Manila Bulletin The power business segment of the Aboitiz group will continuously corner the bulk of its capital expenditures (capex) this year, with an allotment of P41 billion vis-à-vis the […]
March 19, 2020

First Gen net income rose 34% in 2019

By Lenie Lectura -March 19, 2020 from Business Mirror First Gen Corp. posted P15.4 billion in net income last year, up 34 percent from P11.6 billion recorded in 2018, mainly on account of higher electricity sales. The company said on […]
March 18, 2020

Some power firms face delays as work stops

By Lenie Lectura – March 18, 2020 from Business Mirror SOME power firms are facing delays in the construction of their power projects as a result of the paralysis induced by measures to stop the new coronavirus disease (Covid-19). “We […]
March 17, 2020

Ayala energy firm’s 2019 net earnings soar to ₱25 billion

By Myrna M. Velasco – March 16, 2020 from Manila Bulletin The net earnings of the energy investment arm of the Ayala group had soared to ₱25 billion last year, springing a long way up from ₱4.1 billion in 2018. […]