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Manny V.Pangilinan - SP New Energy Q2 profit: P183M (up 1,920% y/y) - philstar.com

SP New Energy Q2 profit: P183M (up 1,920% y/y)

SP New Energy [SPNEC 1.01, down 1.0%; 90% avgVol] [link] reported a Q2 net income of P182.7 million, up 1,920% y/y from its Q2/23 net loss of P9.8 million, and up 16% q/q from its Q1/24 net income of P157 million. SPNEC’s Q2 and H1 outperformance is due to the income it has earned from the assets injected into the company in 2023. SPNEC is now owned by a subsidiary of Meralco [MER 400.00, up 0.1%; 187% avgVol] and governed by Manny V. Pangilinan. SPNEC’s price is down 24% year-to-date, down 14% over the past year, but is trading 11% up off of its all-time low that it set two months ago.

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Bill No - Bong Go - Press Release - Bong Go champions development initiatives to promote welfare and safety of residents in Alfonso, Cavite as town's adopted son - legacy.senate.gov.ph - region Calabarzon

Press Release - Bong Go champions development initiatives to promote welfare and safety of residents in Alfonso, Cavite as town's adopted son

After assisting thousands of disadvantaged Caviteños in Alfonso, Cavite on Monday, August 12, Senator Christopher "Bong" Go, an adopted son of CALABARZON region with familial roots in Batangas through the Tesoro clan and recently declared adopted son of Alfonso, inspected the town's newly constructed evacuation center--a project he ardently supported as Vice Chair of the Senate Finance Committee.

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Louise Maureen Simeon - P2.33 billion calamity fund released for relief ops in July - philstar.com - Philippines - city Manila, Philippines

P2.33 billion calamity fund released for relief ops in July

MANILA, Philippines —  The government released P2.33 billion in calamity funds last month to finance various disaster relief operations nationwide.

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Evelyn Macairan - Marina director sacked over Mindoro oil spill - philstar.com - Philippines - city Manila, Philippines

Marina director sacked over Mindoro oil spill

MANILA, Philippines — A regional director of the Maritime Industry Authority (Marina) has been ordered dismissed for grave misconduct and gross negligence of duty in connection with the sinking of the MTKR Princess Empress that resulted in a massive oil spill in February last year, affecting Oriental Mindoro’s marine ecosystem.

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Bella Cariaso - Arnel De-Mesa - ASF checkpoints set up in Metro - philstar.com - Philippines - province Batangas - city Quezon - county Mesa - city Manila, Philippines

ASF checkpoints set up in Metro

MANILA, Philippines — Checkpoints have been set up in Metro Manila as part of the government’s efforts to contain the spread of African swine fever (ASF), the Department of Agriculture (DA) said yesterday.

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Gilbert Teodoro-Junior - Michael Punongbayan - ‘Government acquiring more fighter jets amid West Philippine Sea air harassment’ - philstar.com - Philippines - Australia - China - city Manila, Philippines

‘Government acquiring more fighter jets amid West Philippine Sea air harassment’

MANILA, Philippines — The government is acquiring more fighter jets for the Philippine Air Force (PAF) following China’s most recent act of harassment, Defense Secretary Gilbert Teodoro Jr. has assured the military.

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Menardo Guevarra - Dela Rosa - Crispin Remulla - Ian Laqui - Justice - Antonio Trillanes Iv - Arnolfo Teves-Junior - International - Philippines still committed to Interpol — DOJ - philstar.com - Philippines - city Manila, Philippines

Philippines still committed to Interpol — DOJ

MANILA, Philippines (Updated 9:31 p.m.)— Despite not being a member of the International Criminal Court (ICC), the Philippines still has commitments to Interpol, Justice Secretary Jesus Crispin Remulla said on Wednesday.

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Romina Cabrera - Romando Artes - Mody Floranda - 3-day transport strike vs PUVMP starts - philstar.com - Philippines - city Manila, Philippines

3-day transport strike vs PUVMP starts

MANILA, Philippines — Police and transport groups were at a standoff yesterday as protesters tried to enter the city of Manila for the start of the three-day strike against the government’s public utility vehicle modernization program (PUVMP).

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