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DOE warns fuel stations: No price hikes before Tuesday adjustment

The Department of Energy (DOE) on Sunday warned oil companies and gasoline stations not to implement fuel price increases ahead of the scheduled adjustment on Tuesday, as authorities step up monitoring amid rising global oil prices.

First Gen plans ₱41.7B capex for 2026 to expand renewable energy projects

Power producer First Gen Corporation is preparing up to ₱41.7 billion in capital spending for 2026, a 24.5 percent increase from its ₱33.5 billion capex in 2025, company officials said.

Spot power prices ease in February, but regulators warn of possible surge if Middle East tensions drive fuel costs up

Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.

SEC shuts down MCM Royalty over illegal investment solicitation

The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.

SM Group to spend $50M exploring new geothermal wells

The SM Investments Corporation (SMIC) group plans to spend more than US$50 million this year to explore geothermal steam in six new sites, as it expands its renewable energy business.

Just in

Households and businesses signal turnaround as economic optimism rebounds

Economic sentiment across the Philippines is turning a corner as both families and business owners show growing confidence in their financial future.

Gilas 3×3 women settle for silver, men fall short 

The Gilas Pilipinas 3x3 teams discovered on Friday that sometimes the basket simply refuses to cooperate. Both squads lost their final games at the Asian Games in Japan, with the women salvaging silver while the men were denied a place on the podium.

Heart disease remains country’s top cause of deaths

For millions of Filipinos, the biggest health threat does not arrive with the dramatic suddenness of a typhoon or an infectious outbreak. Instead, it creeps in quietly, day by day, making ischaemic heart disease the undisputed leading cause of death in the country.

Philippines climbs WEF tourism ranking but lags ASEAN peers

The Philippines has notched a notable jump in global tourism competitiveness, but structural hurdles continue to keep the country trailing its Southeast Asian neighbors.
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