State-firm Psalm gets no offer for Quezon City property

Inquirer.net - Oct 23, 2026

MANILA, Philippines — The Power Sector Assets and Liabilities Management Corp. (Psalm) failed to realize at least P11.09 billion from the planned sale of a portion of its Diliman property, after prospective buyers were no-shows on the bidding deadline. Psalm President and CEO Edward Dela Serna said the state-run company declared a “failed bidding” on

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