Conglomerate San Miguel Corp. opened 2025 with a powerful earnings comeback, posting a ₱43.4 billion profit in the first quarter—nearly five times higher than a year ago, fueled by a strategic asset sale in its power unit and favorable foreign exchange gains.
A resilient microgrid system powered by Lopez-led FP Island Energy Corp. ensured uninterrupted electricity for Haponan Island in Caramoan, Camarines Sur, amid the intense winds and rain of Severe Tropical Storm Kristine.