House OKs 2025 DA, NIA budgets
The respective budgets of the Department of Agriculture (DA) and National Irrigation Administration (NIA) for 2025 successfully passed plenary deliberations at the House of Representatives, with several lawmakers pledging to further increase fund allocation to boost farm production and enhance farm incomes.
BSP discontinues rediscounting window for new DWF
The Bangko Sentral ng Pilipinas (BSP) on Wednesday announced discontinuing its rediscounting window and replacing it with the Discount Window Facility (DWF) in keeping with global best practices.
Chinabank wins top governance award a third time
Chinabank remains among the best-governed publicly listed companies in the Philippines, winning for the third year in a row the highest recognition for governance excellence, the Five Golden Arrow Award of the Institute of Corporate Directors (ICD).
DOE targets 1,200 MW nuclear energy capacity by 2032
The Department of Energy (DOE) expressed optimism on Wednesday of commercially operating nuclear power plants by 2032, initially generating at least 1,200 megawatts and gradually increasing to 4,800 MW by 2050.
$250 million eyed as derisking fund in geothermal exploration
The Department of Energy (DOE) said as much as $250 million could be raised by the Asian Development Bank as a derisking component of a fund proposed to benefit geothermal power developers.
