BOP deficit in October signals short-term challenge, but strong surplus underpins economic resilience
The Philippines posted a balance of payments (BOP) deficit of USD724 million in October, marking a stark contrast to the USD1.5 billion surplus recorded in the same month last year.
First Gen signals end of LNG tenders for 2024
First Gen Corporation has indicated the delivery of liquefied natural gas (LNG) in October could be the company’s final LNG tender for 2024.
DOE reopening renewable energy applications, streamlining process for developers
The Department of Energy (DOE) is accepting renewable energy (RE) project applications via the Energy Virtual One-Stop Shop System (EVOSS) beginning 25 November, signaling a major step forward in the countyr's renewable energy goals.
ERC greenlights P38B NGCP power projects
The Energy Regulatory Commission (ERC) has approved three major capital expenditure projects of the National Grid Corporation of the Philippines (NGCP) totaling P38.09 billion.
Fruitas expands into roasted chicken market with majority stake in Mang Bok’s
Fruitas Holdings Inc., a leading player in the Philippine food and beverage sector, has made a significant move into the roasted chicken market by acquiring a 60 percent majority stake in Boksbro Inc., the parent company of the popular Mang Bok’s food chain.
