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Cosco Capital Inc., the listed retail holding firm of businessman Lucio L. Co, said its income in 2022 went up by 17 percent to P12.28 billion from P10.5 billion a year ago, despite inflation and other economic headwinds. The company said consolidated revenues last year rose by 13 percent to…
PetroEnergy Resources Corp. (PERC) of the Yuchengco Group saw its net income rise by 30 percent to P863 million last year from P665 million in 2021. Oil revenues went up by 57 percent to P726 million in 2022 from P461 million in 2021 driven by the significant increase in global…
The Department of Energy (DOE) released on Tuesday the Terms of Reference (TOR) for the second round of the Green Energy Auction Program (GEA2), paving the way for the auction to push through in June. The GEAP was designed to continuously trigger the increase in the country’s renewable energy (RE)…
THE MEMORANDUM Circular (MC) No. 15 issued by Executive Secretary Lucas Bersamin issued No. 15 left more official goings and public records blurry by
