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NGCP greenlights grid study for Ilocos offshore wind project

PetroEnergy Resources Corp. (PERC) announced that its affiliate, Buhawind Energy Northern Luzon Corp. (BENLC), has secured regulatory approval from the National Grid Corporation of the Philippines (NGCP) for the facilities study of its 2,000 MW offshore wind project in Ilocos Norte.

DENR seeks stronger private sector role in forest rehab, carbon credit push

The Department of Environment and Natural Resources (DENR) is urging greater private sector involvement in national forest rehabilitation efforts, highlighting opportunities in carbon credit generation and climate resilience building.

Phinma Education eyes expanding Southeast Asia footprint

Phinma Education Holdings Inc., the education arm of Phinma Corporation, is ramping up its regional expansion as it sets sights on entering the Vietnamese market by 2027 while accelerating growth efforts in Indonesia and the Philippines.

Wilcon income slips to ₱1.16B as expansion drives up costs

Listed home improvement and construction supply retailer Wilcon Depot Inc. on Tuesday reported a 23 percent drop in net income for the first half this year to ₱1.16 billion from ₱1.51 billion last year.

DA pushes tariff hike, RTL amendments to shield farmers and stabilize rice market

The Department of Agriculture (DA) on Tuesday said that the proposed increase in rice import tariffs would offer only temporary relief and must be coupled with amendments to the Rice Tariffication Law (RTL) to provide sustainable support for local rice farmers and stabilize prices.

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DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.

ManageEngine upgrades Log360 with AI-driven security automation

ManageEngine, the enterprise IT management division of Zoho Corporation, has announced a major upgrade to its Log360 security platform, adding built-in security orchestration, automation, and response (SOAR) capabilities aimed at helping companies respond faster to cyber threats.
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