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RGEC launches agrivoltaics pilot at Nueva Ecija solar farm

Yuchengco-led Rizal Green Energy Corp. (RGEC) has formally launched a pilot agrivoltaics project at its 19.6 MWDC San Jose Solar Power Project (SJSPP) in San Jose City, Nueva Ecija—marking a local first in integrating solar power and crop cultivation on a commercial scale.

A Promise the Nation Can’t Comprehend

For years, the Philippines has looked ahead with optimism, banking on its so-called “demographic sweet spot.” With around two-thirds of the population between the ages of 15 and 65, the country seemed poised for rapid economic growth—a young, able-bodied workforce ready to fuel productivity and progress.

Electronic games boosts PAGCOR’s Q1 earnings

The Philippine Amusement and Gaming Corp. reported a robust 23 percent year-on-year growth in net profit to P3.43 billion in the first quarter, a...

Surplus triggers negative WESM prices on holidays, signaling supply-demand imbalance

The Energy Regulatory Commission (ERC) reported a rare occurrence of negative average electricity prices at the Wholesale Electricity Spot Market (WESM) during major holidays, highlighting a significant gap between supply and demand that has broad economic and commercial implications.

OGP remits P467M as government share in 2024 mining operations

OceanaGold (Philippines) Inc. (OGP) has remitted P466.86 million to the Bureau of the Treasury as government share in its mining operations for fiscal year 2024, the Mines and Geosciences Bureau (MGB) said.

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ASEAN+3 fortifies regional financial shield with launch of rapid financing facility 

Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.

Solid Group, Singaporean partner plan USD40M solar venture

Solid Group Inc. is teaming up with a Singapore-linked investment group to establish a USD40-million venture that will build and operate a Philippine factory producing solar photovoltaic cells and modules for export.

MacroAsia profit drops 45% as costs, weaker affiliate earnings bite

Higher operating costs and weaker contributions from associates, particularly aircraft maintenance unit Lufthansa Technik Philippines (LTP), dragged down MacroAsia Corp.’s nine-month net income attributable to parent-company shareholders by 45 percent to P560.4 million, despite revenue growth across its food services, airport ground handling and water businesses.

VinFast brings updated electric VF 8 SUV to Manila

VinFast has introduced its updated VF 8 electric SUV in the Philippines, pricing the five-seater from P1.55 million with a battery subscription or P1.79 million with the battery included.
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