August 16, 2018

EO prescribes uniform real property tax rates for power projects

By Myrna M. Velasco – August 14, 2018, 10:00 PM from Manila Bulletin A new Executive Order (EO) issued by President Rodrigo R. Duterte renders a uniform assessment rate on real property taxes (RPT) to be levied to power plant […]
August 16, 2018

Phinma Energy posts P76.4-million net loss

By Lenie Lectura – August 15, 2018 from Business Mirror PHINMA Energy Corp. posted a net loss of P76.40 million in the first half of the year, a reversal from the P298.17-million net income it posted in the same period […]
August 15, 2018

Calamities continue to dent EDC profit

By Jordeene Sheex Lagare – August 14, 2018 from The Manila Times ENERGY Development Corp. (EDC) said consolidated recurring net income attributable to equity holders of the parent declined 21 percent to P4.1 billion for the first half of 2018 […]
August 15, 2018

First Gen H1 net income up 35% to P6.11 billion

By Lenie Lectura – August 14, 2018 from Business Mirror THE Lopez-led First Gen Corp. (First Gen) on Tuesday posted a 35-percent increase in net income of $115 million (P6.11 billion) from $85 million (P4.516 billion) recorded in the same period last […]