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EDC secures rights to develop geothermal resources in Indonesia

Energy & Mining Context.ph Context.ph -
Lopez family owned Energy Development Corp. (EDC) has been granted exploration and drilling rights needed as preliminary survey assignment plus exploration (PSPE) of greenfield geothermal projects in Indonesia.

Government all set to award Laguindingan Airport concession to Aboitiz

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) is set to award the Laguindingan International Airport concession to Aboitiz InfraCapital Inc. as early as within the month.

Bautista brushes off NAIA parking fee adjustment; signals higher aircraft parking, passenger terminal hikes near term

Top News Context.ph Context.ph -
The Department of Transportation (DOTr) on Wednesday ruled out adversely impacting tourism flows as a consequence of adjustments in terminal fee attracting so much flak from travelers, stakeholders and observers alike. 

Preliminary WESM rates down 34.7 percent in September

Energy & Mining Context.ph Context.ph -
The average price of electricity at the Wholesale Electricity Spot Market (WESM) fell lower in September as power demand slowed even as supply availability increased, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

ACEN to subscribe to 50 million Balenos Energy to fund renewable energy investments

Energy & Mining Context.ph Context.ph -
ACEN Corp., the renewable energy arm of the Ayala Group, said Wednesday it will subscribe to 50 million new shares of Belenos Energy Corp., a special purpose vehicle for development projects in the Philippines.
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ADB launches financing facility to power critical minerals value

Energy & Mining 0
The Asian Development Bank (ADB) has launched a new financing facility aimed at helping countries in Asia and the Pacific move up the value chain in critical minerals, a sector seen as central to clean energy, electric vehicles, and digital technologies.

ADB plans $70B investment on power, digital future

Banking & Insurance 0
The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.

PSEi range-bound amid global risks, weak peso

Markets 0
The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.

Philippines, Israel eye minerals, AI strategic partnership

Trade & Investments 0
The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.
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