The Energy Regulatory Commission (ERC) under the Department of Energy (DOE) has allocated an additional 100 megawatts (MW) of capacity for run-of-river (ROR) hydro projects under the feed-in-tariff (FIT) scheme.
Metro Pacific Investments Corp. (MPIC) reported continued double-digit growth in the third quarter, reinforcing its position as a key player in Philippine infrastructure and utilities. The conglomerate, which delisted earlier this year, is riding on strong momentum from its core businesses and expanding contributions from emerging ventures.
Public Works Secretary Vince Dizon said he will investigate claims by Batangas 1st District Representative Leandro Leviste that some Department of Public Works and Highways (DPWH) undersecretaries may have ties to contractors involved in the controversial flood control projects.
The New NAIA Infrastructure Corp. (NNIC), the private group now managing the Ninoy Aquino International Airport (NAIA), will carry out its first full-scale crash rescue drill on Friday, October 17.
The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.
The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.
Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.
FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.