Alternergy Holdings Corp. said its subsidiary, Ibulao Mini Hydro Corp. (IMHC) has secured a water permit from the National Water Resources Board (NWRB) for the development of a run-of-river hydroelectric power plant in Ifugao province.
The Governance Commission for GOCCs, or GCG, has expressed concern that sourcing funds for the proposed sovereign wealth fund, Maharlika Investment Corp., from government-owned and controlled corporations (GOCCs) as well as from government financial institutions could affect their respective investment strategies and, consequently, their future financial performance.
Moody’s Analytics said Filipino consumers should still reel from skyrocketing prices in the first six months this year as demand continues to outpace supply in the domestic market.
The National Economic and Development Authority (NEDA) said the Regional Comprehensive Economic Partnership (RCEP) would further enhance the country’s access to global markets.
The Philippines posted a balance of payments (BOP) deficit of US$3 billion in the first three months this year, a reversal from the US$238 million surplus posted during the same period in 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP). The deterioration underscores mounting external pressures on the economy, with significant implications for macroeconomic stability and international investor sentiment.
The Department of Agriculture (DA) has expressed its gratitude to the South Korean government for its sustained support—channeled through Official Development Assistance (ODA) Korea—toward the Philippines’ efforts to modernize its rice sector, a key pillar of President Ferdinand Marcos Jr. 's broader food security agenda.
It was the faintest of touches—barely visible, yet fortunately timed—that propelled Alas Pilipinas on Friday night past Chinese Taipei and into the gold medal match of the 2025 Asian Volleyball Confederation Women’s Nations Cup in Hanoi.