The Energy Regulatory Commission (ERC) has approved Northern Palawan Power Generation Corp.’s plan to build and operate a P1.05-billion point-to-point transmission line for its 145-megawatt Cawag solar project in the Subic Bay Freeport Zone.
The Department of Transportation announced Monday that the LRT-2 will extend its operating hours from December 9 to 30 to accommodate late-night commuters during the holiday rush, following President Ferdinand Marcos Jr.’s directive to keep rail lines open longer this Christmas season.
The Philippines has reinforced its position as a leading regional dive destination, securing Asia’s Leading Dive Destination title for an eighth consecutive year as the government looks to turn international recognition into broader gains for the country’s marine tourism sector.
Filipino investors are increasingly looking beyond domestic markets as inflation, peso weakness and market volatility fuel demand for broader diversification, with offshore assets now accounting for about 15 percent to 20 percent of BPI Wealth’s assets under management (AUM).
Nestlé Philippines and Puregold Price Club Inc. are giving millions of used plastic sachets a second life as retail display materials, putting circular-economy practices directly into supermarket aisles while cutting demand for virgin materials and reducing distribution trips.
Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.