The Board of Investments (BOI) has granted green lane status to ₱6.32 trillion worth of investments by the end of May, with the majority of the endorsed projects now undergoing pre-development following the expedited processing of permits. Data from the BOI showed that a total of 237 projects...
The Bureau of Internal Revenue (BIR) expanded its list of tax-exempt power sector fees, a move aimed at preventing double taxation and lowering electricity bills for consumers amid volatile global energy markets. Under Revenue Memorandum Circular 60-2026 issued on June 4, the government’s main...
The Board of Investments (BOI) has certified ₱340.07 billion worth of investments under the green lane program for the first four months of the year, fueled by the growing appeal of the country as a renewable energy (RE) hub. In a statement, the BOI said these investments are from 14 proposed...
SM Prime Holdings, Inc. (SM Prime) has advanced resource stewardship through water circularity initiatives, implementing water conservation measures across its nationwide network of SM Supermalls since the late 1990s. Embedded in its operations, SM Malls uses innovative water management systems...
The Philippines is looking to maximize its vast green metal resources and nickel mines for the production of electric vehicles, battery manufacturing, and digital infrastructure. Speaking during the Vietnam-Philippines business forum on Monday, June 1, President Marcos said that the country is...
SM Supermalls continues to bring purpose-driven initiatives to the global stage after earning two Silver Awards at the prestigious ICSC MAXI Awards, one of the world’s most respected recognitions for excellence in marketing and innovation in the retail and shopping industry. The ICSC MAXI Awards...
Vermosa Green Run, the pioneering advocacy event that rallied the community back to the tracks post-pandemic, is returning for its landmark fifth consecutive staging on June 28 at Vermosa in Imus, Cavite. This time, the run that has attracted fitness enthusiasts, casual runners, elite athletes, pet...
MGen Renewable Energy Inc., the clean-energy arm of Meralco PowerGen Corp., is planning to participate in the government’s upcoming Green Energy Auction program as part of its strategy to expand its clean power portfolio. Dennis Jordan, MGreen president and chief executive officer said in an...
The Department of Energy (DOE) opened the application window for its delayed offshore wind auction, kickstarting a multi-gigawatt procurement process intended to accelerate the country’s transition toward clean power generation. Under the revised timeline for the fifth round of the Green Energy...
PAGUDPUD, Ilocos Norte – Wildlife volunteers on Sunday rescued a distressed green sea turtle weighing 10.4 kilograms in Sitio Dialao in Barangay Caparispisan in this municipality. Raymond Sesuca, Corporate Social Responsibility manager of North Luzon Renewable Energy Corp., told the Philippine...
The Department of Energy expects surge of private sector investment as it rolls out its initial auction for waste-to-energy projects, moving to alleviate an ongoing power crisis that has strained the country’s electrical grid. The bidding round, designated as the sixth Green Energy Auction...
Singapore-based Vena Group is strengthening its role in the Philippines’ ongoing transition to clean energy as it begins development of its two solar projects in Ilocos Norte valued at over ₱24 billion, according to the Board of Investments (BOI). The BOI said the groundbreaking of the Astra...
