MANILA -- Philippine conglomerate Lopez Group is rushing to expand its mainstay energy business and explore new industries, following the weakening of its media operations, which had long functioned as a second major pillar.
Conglomerate seeks to offset collapse of media business after political frictions

A Lopez Group property in Manila. The group is looking to develop its electric power business for further growth. (Photo by Yuichi Shiga)
MANILA -- Philippine conglomerate Lopez Group is rushing to expand its mainstay energy business and explore new industries, following the weakening of its media operations, which had long functioned as a second major pillar.