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Joint initiative targets cheaper, cleaner Visayas, Palawan electricity

Primelectric Holdings Inc. (PHI) has signed a joint study agreement with Saudi Arabia's ACWA Power to explore renewable energy (RE) and storage opportunities in the Visayas and Palawan.

NGCP cleared to recover ₱28B in past charges

The Energy Regulatory Commission (ERC) on Monday announced that the National Grid Corporation of the Philippines (NGCP) may begin collecting up to ₱28.29 billion in transmission rate adjustments starting August this year following the regulator’s approval of the utility’s fourth rate reset and under-recovery charges from 2016 to 2022.

Singapore Airlines boosts Cebu connectivity

Singapore Airlines (SIA) and its low-cost carrier Scoot have strengthened their partnership to offer more accessible international travel for Cebuano passengers, highlighting Cebu as a strategic gateway to the world.

T-Bill rates inch up despite strong demand

Philippine treasury bill rates mostly inched higher at Monday’s auction, even as investor demand remained robust, with total bids more than three times the amount on offer.

GCash, Huawei debut Watch Pay for contactless payments

Mobile wallet and payments platform GCash has teamed up with Huawei to launch Watch Pay, the country's first wearable-based payment solution, in a development that underscores both firms’ commitment to digital innovation and convenience in mobile commerce.

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Cybersecurity council gives organizations 30 days to plug security gaps 

The Cybersecurity Council of the Philippines (CSCP) is giving government agencies, businesses, schools, and local governments a 30-day wake-up call to check their digital defenses, warning that cyberattacks are escalating faster than many organizations can respond.

Microsoft outage disrupts Outlook, Teams, and 365 services

Microsoft’s Outlook, Teams, and other 365 services suffered a widespread outage that stretched from Thursday into Friday, disrupting access to email, collaboration tools, and cloud-based applications across several regions.

BOC, DA extend hours as ASEAN road curbs threaten cargo delays

Importers and exporters have been urged to clear shipments early as the Bureau of Customs (BOC) and the Department of Agriculture (DA) prepare for road restrictions that could disrupt cargo movements during the Philippines-hosted ASEAN activities.

57% of firms eye higher PH investment under EU trade deal 

More than half of foreign companies surveyed expect to increase investments in the Philippines once a trade agreement with the European Union takes effect, but the country’s bureaucratic maze could stand in the way of a much bigger economic payoff.
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