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PSALM plans sale of Ilocos Sur hydro plant by Q3

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing to privatize the 70-megawatt Bakun hydroelectric power plant in Ilocos Sur by the third quarter of 2026.

NEA extends P237 million worth of loans to ECs for Jan-Feb 2026

The National Electrification Administration (NEA) said it already extended P237 million worth of loans to five electric cooperatives (ECs) as of February this year to finance electrification projects.

Philippines needs capital surge to unlock growth

The Philippines is approaching an economic inflection point and without a stronger wave of investment, it risks falling short of its full potential.

LG Electronics brings cutting-edge digital art to smart TVs with Sedetion partnership

LG Electronics has teamed up with Sedition, the pioneering digital art platform, to transform living rooms into immersive contemporary art spaces. Through LG Gallery+, the company’s premium visual service for LG Smart TVs, users can now access more than 300 curated digital artworks, including video-based pieces, bringing museum-quality experiences directly into the home. This partnership underscores LG’s commitment to redefining home entertainment by merging technology, art, and personal expression.

Suspected “ghost” farm road in Albay under investigation

Agriculture Secretary Francisco P. Tiu Laurel Jr. inspected a questionable farm-to-market road (FMR) project in Barangay Lower Binogsacan, raising concerns that the project may not exist at its approved location.

Just in

Banks expect steady credit standards and stronger loan demand in 4Q 

The various banks are anticipating a stable lending environment with potential growth in borrowing activity toward the end of the year, according to the latest Senior Bank Loan Officers’ Survey conducted by the Bangko Sentral ng Pilipinas.

PCC fines PEMHI, MGen P5.8 million over reporting lapses

The Philippine Competition Commission (PCC) fined Pilipinas Enterprise Management Holdings Inc. (PEMHI) and Meralco PowerGen Corp. (MGen) P5.8 million for repeatedly missing reporting deadlines tied to their merger clearance, underscoring the regulator’s tougher stance on compliance with post-merger commitments.

Nature‑based river restoration shields Ata‑Manobo lands in Davao del Norte

A community‑led nature‑based restoration project is helping protect over 1,000 Ata‑Manobo residents in Sitio Patil, Barangay Gupitan, Kapalong from worsening riverbank erosion and climate‑driven hazards. Ten major flood and landslide events hit the area between 2020 and 2023, as strong currents at the Kapalong‑Maguimon river confluence wore away soil and threatened homes, farms and ancestral lands.

PLDT‑Smart: Human skills remain core to customer experience amid AI boom

PLDT Inc. and Smart Communications on Friday say businesses should focus on pairing artificial intelligence with human empathy and judgment rather than rushing full‑scale automation, as generative AI reshapes customer service across industries.
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