Filinvest Group’s 2014 net income slips amid spending on banking, property businesses
MANILA - The listed holding company of the Gotianun family saw its profit slide last year. In a disclosure to the Philippine Stock Exchange, Filinvest... Read More
FLI chalks up P6.2-B net income in 2014
Filinvest Development Corporation (FDC) posted a 4.6 percent drop in consolidated net income to P6.2 billion last year from the P6.5 billion earned in... Read More
PSALM launches latest auction round for geothermal capacity
THE POWER Sector Assets and Liabilities Management Corp. (PSALM) has started the second-round auction for the remaining capacity of the Unified Leyte geothermal power... Read More
Daneco in excess of 2-MW power when Therma South gets operational
THE Davao del Norte Electric Cooperative Inc. (Daneco) will have an excess of 2 megawatts (MW) of contracted power supply when Therma South Inc.... Read More
Barges sale seen signed end-Feb.
THE POWER Sector Assets and Liabilities Management Corp. (PSALM) intends to conclude the sale of three state-owned power barges to Trans-Asia Oil and Energy... Read More
Management of Mt. Apo, Unified Leyte geothermal plants’ output turned over to private sector
MANILA - The government has turned over its contracted capacity with the Mt. Apo and Unified Leyte geothermal plants to the private sector. Emmanuel R.... Read More
FDC takes over Mt. Apo
The government has turned over the management of the contracted capacities of Mt. Apo geothermal power plants and a portion of the contracted capacities... Read More