The deferment of collection of generation charges worth P1.1 billion helps soften the cost of adjustment in electricity rates on consumers in the March and April billing period, the Energy Regulatory Commission (ERC) said on Wednesday.
Conglomerate Metro Pacific Investments Corp. on Wednesday bared core net income in 2022 reaching P14.2 billion, up 15 percent from P12.3 billion the previous year on strong recovery of its toll road traffic and growth in power consumption.
The busway concourse project first signed 28 months ago should finally break ground within the year, the Department of Transportation (DOTr) said on Wednesday.
Cebu Pacific is strengthening the air link between the central and southern parts of the country with the resumption of two routes out of its Iloilo hub.
Finance Secretary Ralph G. Recto has directed newly appointed local government treasurers to serve as the country’s “first line of defense” in upholding fiscal governance at the local level.
Global Ferronickel Holdings Inc. (FNI) announced that its detained chairman, Joseph Sy, has secured another legal victory after a Taguig Regional Trial Court (RTC) granted his urgent motion for release despite ongoing deportation proceedings initiated by the Bureau of Immigration (BI).
The Philippine Geothermal Production Company, Inc. (PGPC) has launched an ambitious environmental initiative to plant over one million trees in seven provinces across Luzon over the next five years. The reforestation program will cover more than 1,200 hectares, targeting areas around PGPC’s geothermal steam fields.
The Department of Energy (DOE) expressed optimism for increased electric vehicle (EV) adoption following the release of a harmonized EV classification system set to take effect on September 20, 2025.