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GEA3 on track for January auction as ERC prepares price guidelines

Department of Energy expects the third round of the Green Energy Auction to proceed by January as the Energy Regulatory Commission readies price determination method

Trump’s SEC nominee boosts Bitcoin above USD100,000

US President-elect Donald Trump’s nomination of Paul Atkins, a pro-cryptocurrency advocate, to lead the Securities and Exchange Commission fueled a dramatic surge in Bitcoin prices, pushing the cryptocurrency past the USD100,000 threshold in early trading Thursday.

BSP completes testing Project Agila

The Bangko Sentral ng Pilipinas and participating financial institutions have successfully completed testing for Project Agila, a pioneering initiative that will enable fund transfers between financial institutions even outside business hours, including evenings, weekends, and holidays. 

ERC to collect P3 billion deferred payments from power consumers

The Energy Regulatory Commission (ERC) has approved the collection of approximately P3.05 billion from power consumers to settle deferred payments due to the suspension...

Australia, Philippines launch social protection program empowering disadvantaged communities

A new initiative aimed at boosting social protection, inclusion, and gender equality in the Philippines officially launched on Thursday in Makati City. The program,...

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Subic EnerZone upgrading grid as Freeport demand rises

Subic EnerZone Corp., the AboitizPower-led electricity distributor at the Subic Bay Freeport Zone, is preparing network upgrades to accommodate rising power demand as the economic hub expands, following a 25-year extension of its partnership with the Subic Bay Metropolitan Authority (SBMA).

DA urges OFWs to explore agribusiness as extra or long-term income 

The Department of Agriculture encourages overseas Filipino workers (OFW) to look into agribusiness as a practical alternative source of income and sustainable livelihood for when they come back home to the Philippines.

Marcos vows to defend peso as oil-driven inflation pressures economy

President Ferdinand Marcos Jr. has vowed to use the government’s available foreign exchange reserves and policy tools to defend the peso against further depreciation, while acknowledging that surging oil prices and supply-side constraints continue to fuel inflation.

Palawan Group, RFC widen loan access via new partnerships

The Palawan Group of Companies (PGC) and Radiowealth Finance Company (RFC) are expanding their partnership to simplify loan disbursements and repayments, combining branch-based services with digital payments to reach more Filipino borrowers.
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