The Asian Development Bank is preparing an indicative USD280-million loan to support a Philippine program designed to turn university research into commercially viable technologies.
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Renewable energy developer SN Aboitiz Power (SNAP) expects to complete 56 megawatts (MW) of new battery energy storage system (BESS) capacity in 2026, increasing its total capacity to 729 MW from the current 673 MW.
The Department of Energy (DOE) has opened bidding for a service provider to conduct gradiometry and seismic surveys to identify potential geothermal energy resources in the country.
Philippine health app mWell, owned by Metro Pacific Health Tech Corp., won a Global Mobile (GLOMO) Award at the Mobile World Congress 2026 held in Barcelona.
The Department of Transportation (DOTr) and Manila Metro Rail Transit System Line 3 (MRT-3) management have rejected what they called “false allegations” made online by certain people and some members of the MRT-3 Employees Association claiming the rail line is unsafe for commuters.
Economic growth across developing Asia and the Pacific will ease to 5 percent this year from 5.5 percent in 2025, then edge up to 5.1 percent in 2027, the Asian Development Bank (ADB) reported Wednesday. The 2026 forecast is a slight upgrade — 0.1 percentage points higher than the bank’s July outlook.
The Philippines’ breakthrough in free trade negotiations with the European Union could trigger fresh factory investments, technology transfers and export growth, business groups said, but warned that local firms must prepare for tougher competition and demanding EU standards.
The Philippines is pushing to wrap up trade negotiations with Canada and Japan by November, building on the substantial conclusion of its free trade agreement (FTA) talks with the European Union as Manila moves to widen market access amid global trade uncertainty.