Stay updated with breaking news from Cable Inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A Quezon City court has denied the petition for preliminary injunction filed by a cable company against the cease and desist order issued by the National Telecommunications Commission.
SMC Global Power Holdings Corp. (SMCGP) will terminate its two power supply agreements (PSAs) with the Manila Electric Co. (Meralco) and sell the output of the two power plants in the spot market and to other interested offtakers. This move, it said on Thursday, will provide SMCGP “better financials” on…
The Makati Business Club (MBC) said it supports the efforts of the Department of Energy (DOE), Energy Regulatory Commission (ERC) and the National Transmission Corp. (TransCo) to attract investments in “much-needed” generating, transmission, and distribution capacity. MBC Chairman Edgar Chua said Energy Secretary Raphael Lotilla, ERC Chairperson Monalisa Dimalanta and…
Companies in industries with the biggest carbon footprints aren’t reporting how their emissions feed into financial risk, according to an analysis of corporate reports by the Carbon Tracker Initiative. The nonprofit, which looked at 134 financial statements from last year in sectors spanning fossil fuels, mining, manufacturing, automotive and technology,…
Conglomerate San Miguel Corp. (SMC) is expected to conduct a tender offer for the remaining shares of listed Eagle Cement Corp. (ECC). In its disclosure, San Miguel said it is required to conduct a mandatory tender offer for the shares of Eagle Cement held by its minority shareholders who hold…