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    ACEN receives feasibility study grant for Australian pumped hydro project

    The clean energy company said that if found feasible, the project will start construction in 2025 and should be operational before 2030. The project is a large-scale, long duration renewable energy storage facility meant to support several nearby wind and solar assets. 

    DA provides free seeds and fertilizers to qualified corn growers

    Under Memorandum Order 6 – 2023, an 18-kilogram bag of genetically modified or hybrid corn seeds or 20 kilograms of improved open-pollinated variety corn seeds plus two bags of inorganic fertilizers are provided for each hectare of planted corn.

    Renewable energy as transportation power source under tripartite study

    The Department of Energy (DOE) has signed an agreement with Pilipinas Shell Petroleum Corp. (PSPC) and Shell Energy Philippines, Inc. (SEPH) for the conduct of a pilot electric vehicle (EV) charging station inquiry run by renewable energy (RE) sources such as solar.

    BOP surplus in December pared the full-year 2022 shortfall to only $7.3B

    The balance of payments (BOP), essentially what is left after deducting the country’s foreign currency expenses against earnings, stood as a surplus of $612 million in December 2022, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

    Tacloban Airport gets a massive P1.42B facelift under 2023 GAA

    Among the airports with budget allocations for repairs are the Laoag International Airport (P785 million), Tacloban Airport (P1.420 billion), Antique Airport (P500 million), Bukidnon Airport (P80 million), Ninoy Aquino International Airport (P43 million), New Zamboanga International Airport (P200 million), Vigan Airport (P50 million), and M'lang Airport (P15 million).

    Just in

    BOP swings into $3B deficit in Q1 amid trade woes

    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.

    Cold storage for rice seeds now in key provinces

    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.

    Stocks slide as Israel-Iran conflict reignites

    Wall Street wrapped up the week on a sour note as renewed tensions between Israel and Iran rattled global markets on Friday. 

    A touch of a finger sends Alas Pilipinas to AVC Nations Cup final

    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.
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