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DOE eyes 2,400 MW nuclear capacity by 2035

Energy & Mining Context.ph Context.ph -
The government is eyeing at least 2,400 megawatts (MW) from nuclear power companies seen operational by 2035. In a parallel development, the privately-proposed gas aggregation...

PLDT named as Philippines’ most valuable brand at $2.6 billion

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PLDT Inc. (PLDT) is the most valuable brand in the Philippines based on an independent 2023 study by Brand Finance, a London-based business valuation...

Mindanao electricity prices buck down trending WESM Luzon, Visayas prices

Energy & Mining Context.ph Context.ph -
The average price of electricity sold at the Wholesale Electricity Spot Market (WESM) in Luzon and Visayas fell in July as power units ran...

LRT-1 deploys Generation 4 train sets

Transport & Logistics Context.ph Context.ph -
The Light Rail Manila Corp. (LRMC)) on Wednesday deployed a brand new Generation-4 train sets at the LRT Line 1 system forming part of the...

Likelihood for more IPOs this year slim to none

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The First Metro Investment Corp. on Wednesday ruled out the likelihood for companies looking to expand their horizon and raise capital funds via initial...
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Frasco out as DOT chief, stays in Cabinet

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Secretary Christina Garcia Frasco will remain in the Cabinet of President Ferdinand Marcos Jr. but will step down as head of the Department of Tourism to become Presidential Adviser for Sustainable and Resilient Communities. Malacañang said tourism Undersecretary Verna Buensuceso will serve as officer in charge of the agency until a new tourism secretary is appointed. The Palace did not immediately explain the leadership change, and it remains unclear whether recent criticism surrounding the tourism department’s promotional campaign had any bearing on Frasco’s reassignment. Palace Press Officer and Undersecretary Claire Castro said President Marcos expressed his appreciation for Frasco’s leadership at the tourism department.

US probe tests ASEAN trade balance

Trade & Investments 0
The Philippines is closely watching a new US trade investigation that could reshape manufacturing supply chains and complicate trade flows across Southeast Asia.

ASEAN urged to keep trade flowing

Trade & Investments 0
The Philippines is pressing Southeast Asian economies to keep markets open as geopolitical tensions in the Middle East threaten to rattle global supply chains and push up energy costs.

Possible power rate increase of P2–P4/kWh next month – ERC

Energy & Mining 0
The Energy Regulatory Commission (ERC) on Thursday said electricity prices at the Wholesale Electricity Spot Market (WESM) could rise by P2 to P4 per kilowatt-hour (kWh) next month, based on simulations by the Independent Electricity Market Operator of the Philippines (IEMOP).
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