Semirara bidding rules to ‘kill golden goose’–SMPC

Inquirer.net - Oct 20, 2026

MANILA, Philippines — Semirara Mining and Power Corp. (SMPC) said Monday that it has paid P70.5 billion in government share over nearly three decades, warning that the country could lose a major source of revenue if it pursues the auction under current rules. “Why kill the golden goose for zero gain?” the company said in a

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