Yuchengco-led PetroGreen Energy Corp. (PGEC) is set to commence commercial operations at its San Jose Solar Power Plant (SJSPP) in Nueva Ecija on Aug. 1, following approvals from the Energy Regulatory Commission (ERC) and the Independent Electricity Market Operator of the Philippines (IEMOP). PGEC...
The Employers Confederation of the Philippines (ECOP) is holding its 46th National Conference of Employers on July 29-30, 2025, at the Manila Hotel, to address the critical “triple transitions” encompassing green, digital, and social aspects for a sustainable future. The conference, which...
Local newspapers have reported an ongoing investigation into a ₱1.4 billion investment in Alternergy Holdings Corp.’s perpetual preferred shares, valued at ₱14.5 per share, under a private placement deal with Alternergy. This deal, reportedly not cleared with the Government Service Insurance...
Vehicle sales in the Philippines only grew by two percent in June, as the automotive industry continues to face slow growth momentum amid weakening demand for passenger cars and global uncertainties. Data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck...
Senator Francis “Chiz” Escudero officially retained his post as Senate President as the 20th Congress formally opened on Monday, July 28, securing majority support from his colleagues in the Upper Chamber. Escudero was reelected by a comfortable margin during the Senate’s first plenary...
Aboitiz-led Union Bank of the Philippines (UnionBank) expects its earnings to improve soon even as continuing costs for the expansion of its credit card business weighed net income down by 35 percent to ₱3.3 billion in the first half of 2025 from ₱5.07 billion in the same period last year. The...
The Armed Forces of the Philippines (AFP) deployed troops on the ground to support the Philippine National Police (PNP) in securing the fourth State of the Nation Address (SONA) of President Marcos Jr. on Monday, July 28. AFP spokesperson Col. Francel Margareth Padilla said troops from the...
A year into its education reform agenda, the Department of Education (DepEd) has unveiled major accomplishments across early childhood care, teacher welfare, curriculum reform, infrastructure development, and digital innovation. These changes, outlined in a DepEd release on Saturday, July 26, align...
Despite the Supreme Court’s decision declaring the articles of impeachment against Vice President Sara Duterte as unconstitutional, some senators believe that the Senate can still continue with the impeachment trial. Senator Vicente “Tito” Sotto III pointed out that the Senate has the power...
After experiencing a three-day appreciation streak against the United States (US) dollar, the Philippine peso weakened again by shedding almost half-a-peso on Friday, July 25, despite the fresh market optimism over the latest trade deal with the US. According to the Bankers Association of the...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported that electricity prices in the Wholesale Electricity Spot Market (WESM) have significantly dropped in the first half of 2025. This was due to better supply margins, transmission infrastructures, and the renewable energy...
As Filipinos across the country grapple with the devastating impact of widespread flooding, senators called to tone down the extravagant displays and red carpet fashion in President Marcos ' upcoming fourth State of the Nation Address (SONA). Senator Juan Miguel “Migz” Zubiri has called...
