The Energy Regulatory Commission (ERC) has set the preliminary reserve price for the fifth round of the Green Energy Auction (GEA5) at P10.3859 per kilowatt-hour for fixed-bottom offshore wind projects.
The Energy Regulatory Commission (ERC) has approved the upper limit of the secondary price cap (SPC) helping hold the Wholesale Electricity Spot Market (WESM) together, a mechanism meant to protect consumers from sharp price spikes.
Renewable energy developer Vena Energy has secured $210 million in financing for a 300-megawatt solar power project in Ilocos Norte, marking its first full international project financing in the Philippines.
Philippine Airlines (PAL) ranked as the most punctual airline among Asia Pacific carriers in November 2025, posting an on-time performance (OTP) rate of 84.67 percent, according to London-based aviation analytics firm Cirium.
Philippine authorities have seized an estimated P29.2 billion worth of counterfeit goods from January to November this year, underscoring the scale of the country’s ongoing battle against fake products, according to the Intellectual Property Office of the Philippines (IPOPHL).
Insular Life (InLife) has completed the sale of its shareholdings in iCare HMO to Singapore-based Value-Based Health Care PF Pte. Ltd. (VBHC), marking a decisive step in the insurer’s long-term strategy to streamline operations and double down on its core strengths. The transaction remains subject to regulatory approval.
The Orchestra of the Filipino Youth (OFY) opens its 2026 concert season with ELEVATE: Triumphs of Tchaikovsky on February 1, 2026, at the Proscenium Theater, Rockwell. The performance spotlights the nation’s young classical musicians, celebrating their growth, discipline, and artistic excellence.
The Management Association of the Philippines (MAP), under newly installed president Donald Lim, is repositioning itself as a more outward-looking, action-oriented organization—one that aims to play a deeper role in nation-building while asserting a stronger private sector voice in ASEAN that ultimately benefits Filipinos.
The Department of Energy (DOE) is confident the power sector will gain as the country leads regional energy discussions under its ASEAN chairmanship. The Philippines will host the ASEAN Special Senior Officials Meeting on Energy (SOME) and related meetings in Bohol from January 20 to 22, 2026.