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ERC clears Alabat Wind grid link

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) has approved the application of Alabat Wind Power Corp., a subsidiary of Alternergy Holdings Corp., to connect its Alabat Wind Power Project to the Luzon power grid.

T-Bill yields mixed as slew of data loom

Markets Context.ph Context.ph -
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.

Semirara income falls as coal, power prices stabilize

Energy & Mining Context.ph Context.ph -
Integrated energy firm Semirara Mining and Power Corp. (SMPC) reported a P4.1 billion net income in the second quarter of 2025, a 33 percent decline from P6.1 billion in the same period last year, as coal and electricity prices continued to stabilize from 2023 highs.

PSBank eyes P2B from fixed-rate bond issue

Banking & Insurance Context.ph Context.ph -
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, is set to issue peso-denominated fixed-rate bonds under its ongoing ₱40-billion Bond Program.

SC ruling on Malampaya tax spurs DOE optimism

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) expressed optimism for increased oil and gas investments following a recent Supreme Court (SC) ruling on the Malampaya natural gas project.
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Peso near lows as markets turn defensive

Markets 0
The Philippine peso is again nearing record lows as persistent inflation, geopolitical tensions, and strong US dollar demand continue to pressure local markets. Rizal Commercial Banking Corp. chief economist Michael Ricafort said the peso could retest historic weakness after falling 1.8% this week and approaching the April 30 intraday low of P61.75 against the dollar.

DA warns rice price cap violators of jail, fines

Agriculture 0
The Department of Agriculture (DA) has warned rice retailers, traders, and importers that violating the government’s newly imposed price ceiling on imported rice could lead to jail time, hefty fines, and even business closures under the Price Act.

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

Energy & Mining 0
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

Energy & Mining 0
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.
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