The Energy Regulatory Commission (ERC) has approved the final reserve price structure under the fourth round of the Green Energy Auction Program (GEA4), setting the policy framework for the competitive bidding of over 10,000 megawatts (MW) of renewable energy capacity.
The Securities and Exchange Commission (SEC) has approved Aboitiz Power Corp.’s shelf registration for up to P100 billion in fixed-rate bonds over three years, the company said following the SEC's en banc approval.
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) is urging clients to adopt a conservative investment strategy focused on short-term, low-risk instruments such as government securities, citing current economic uncertainty and high yield levels.
The Philippine National Railways (PNR) has completed the restoration of the Binahan Bridge in Ragay, Camarines Sur, nearly two months after Typhoon Kristine caused extensive damage. The bridge's repair is a key milestone in the broader effort to rehabilitate and expand rail services across Southern Luzon.
The country's external debt climbed to US$146.74 billion as of end-March 2025, marking a 6.6 percent increase quarter-on-quarter and 14 percent rise year-on-year, according to the Bangko Sentral ng Pilipinas (BSP).
The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.
Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.
First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.
Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.