The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the average electricity market price in September for Luzon and Visayas was recorded at P9.12 per kilowatt hour (kWh) as compared to the previous month’s P7.26/kWh. After accounting for all bilateral and spot market transactions, the effective settlement price…
The board of DMCI Holdings Inc. has approved the declaration of P0.72 per common share in special cash dividends for shareholders on record as of November 2. The ex-dividend date will be on October 27, while payment will be made on November 16, the company said. Last April, DMCI paid…
Budget carrier AirAsia Philippines is aiming to return to its pre-pandemic international capacity by the first half of 2023, strengthening its ties with its host foreign destinations to spur growth in the travel and tourism sectors. AirAsia Philippine Ricky Isla said he has met with Chargé d’Affaires and Consul General…
Carmen Copper Corp., a wholly owned unit of listed Atlas Consolidated Mining and Development Corp., is spending over P6 billion to put up ore sorting and crushing facilities in its Toledo Copper Mine in Cebu.