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The Department of Energy (DOE) has granted Certificates of Energy Projects of National Significance (CEPNS) to 149 energy projects, marking a significant boost to the country’s energy sector from May to December 2024.

Treasury bill (-bill) rates rose at the auction on Monday, reflecting a correction in the market as it awaits the outcome of the monetary policy meeting of the Bangko Sentral ng Pilipinas later this week.

Cebu Pacific (CEB) achieved a significant milestone on Monday, announcing that it flew over 5.6 million passengers to and from Cebu in 2024. This accounted for nearly 50 percent of total passenger traffic at the Mactan-Cebu International Airport, which recorded 11.3 million passengers for the year.

Senate President Francis Escudero said Monday that a new Senate, convening on July 21, will decide on the impeachment of Vice President Sara Duterte, which the House of Representatives transmitted last week with the support of 215 congressmen—more than double the required 102. Escudero said that unlike proposed legislations, impeachment proceedings will continue even with the election of new senators after the May vote, similar to cases in regular courts or electoral tribunals. Drawing from the trial of former Chief Justice Renato Corona, he expects the trial to conclude within 2-3 months. Draft impeachment rules will be approved when senators reconvene in June.

First Philippine Holdings Corporation (FPH) has received a plaque of recognition from the Department of National Defense (DND) and the Department of Environment and...