Semirara bidding rules to ‘kill golden goose’–SMPC

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

MalaysianTalks is a platform for every Malaysian to get the latest updates and insights on the entertainment news. We set out a mission to be Malaysia’s leading entertainment site.