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.
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.
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).
Ayala-led Bank of the Philippine Islands (BPI) has tapped Euronet Worldwide Inc., to enhance its ATM infrastructure to better serve customers who still rely on cash.
Lucio Tan’s LT Group Inc. has partnered with Weisshaus, a leading distributor of international spirits, to bring the Tanduay rum brand to Austria, making it the first Asian rum brand to enter the country.
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.