One of the country’s largest electricity producers—one that is heavily reliant on coal—surprised market watchers recently by announcing a strategic shift away from the cheap but environmentally damaging power source. At the same time, San Miguel Corp. (SMC) said it would be adding renewable energy to its power portfolio, using technologies that would significantly cut…
AC Energy is a fast-expanding corporation on a singular mission: to become the largest publicly listed renewables platform, not just in the Philippines but in the whole of Southeast Asia. It may seem a far too lofty goal, but not for the 10-yearold energy arm of the Ayala group of companies, which is well on…
They are among the heaviest users of energy—to power shopping malls, factories or mine sites. They can opt to buy everything from power producers but they now find it sensible to convert free resources around them—such as sunlight or agro-industrial waste—to meet more of their energy requirements. It’s not a cheap process but the cost…
The Philippine Stock Exchange (PSE), which now holds office and runs a more compact unified trading floor at Bonifacio Global City, switched power providers in February this year, from one that relied on coal-fired power plants to another that uses renewable energy. The PSE, after all, is the first stock exchange in the world to…
The country’s power players are leading the charge into renewable energy (RE), rolling out projects to meet growing demand while keeping an eye on the future with investments in innovation and new technologies. These industry movers include AC Energy Corp., which is looking at proven solutions it can deploy at scale, and Aboitiz Power Corp.,…
A few taps on a smartphone is all it takes to get life-saving advice in the new normal. This is particularly true for MediCard Philippines Inc.’s Telemedicine. In a matter of seconds and from the convenience of your own home, you can connect to a health professional. This drastically lowers your risk of transmitting the…
With what seemed like a flick of a switch, the whole world was turned upside down by Covid-19–and, a year into this pandemic, things remain bleak, especially for those whose financial outlook is still unclear because of the economic impact of this global crisis. A ray of hope for some Filipinos, however, lies in the…
The ongoing public health crisis has made more Filipinos aware of the need for insurance, and among the companies benefiting from that heightened awareness is Pru Life UK, which was ranked by the Insurance Commission as the country’s leading life insurer in terms of New Business Annual Premium Equivalent (NBAPE), the only company to see…
As devastating as the COVID-19 pandemic has been, it also proved once again that in crisis there is opportunity. Key players in the health and wellness field said during a recent Inquirer Project Rebound webinar that Covid-19 hastened the adoption of new health and medical technologies and underscored the fact that health was more than…
While the coronavirus pandemic dragged down the domestic economy to its worst recession in history last year, hurting profitability of many companies, there was one company that defied gravity in the stock market. The main-share Philippine Stock Exchange index (PSEi) shed 8.64 percent last year, but the stock price of this company soared by 304…