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$250 million eyed as derisking fund in geothermal exploration

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) said as much as $250 million could be raised by the Asian Development Bank as a derisking component of a fund proposed to benefit geothermal power developers.

Former DOJ official now chairs ERC as officer-in-charge

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) on Wednesday welcomed a new chairman, Jesse Hermogenes Andres, a former Department of Justice (DOJ) undersecretary, as officer-in-charge (OIC) of the regulatory body.

NGCP seeking ERC nod on the P90-B Batangas-Mindoro interconnection project

Energy & Mining Context.ph Context.ph -
The National Grid Corporation of the Philippines (NGCP) has sought Energy Regulatory Commission (ERC) approval to develop the 500-kiloVolt Batangas-Mindoro interconnection and backbone project (BMIBP).

CAAP using new navigation/control system by month’s end

Transport & Logistics Context.ph Context.ph -
The Civil Aviation Authority of the Philippines (CAAP) has adopted an upgraded Communications, Navigation, Surveillance/Air Traffic Management (CNS/ATM) system that it implements beginning 30 September this year.

Steady port charges help stabilize transport cost in recent months – PPA

Transport & Logistics Context.ph Context.ph -
The Philippine Ports Authority (PPA) on Wednesday said port charges remaining unchanged at its facilities helped stabilize the general cost of goods and services across the Philippines.
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BPI earns P48.9B as loans, fee income drive growth

Corporate 0
The Bank of the Philippine Islands (BPI) reported net income of P48.9 billion for the first nine months of 2026, supported by sustained loan expansion, stronger fee-based revenues and continued business activity, while higher operating costs and credit provisions tempered earnings.

ADB warns Philippine farms, infrastructure face rising coastal flood risks

Environment 0
The Philippines faces mounting risks to agricultural production, infrastructure and economic activity as coastal flooding intensifies, underscoring the need to integrate climate resilience into development planning and investment decisions, according to the Asian Development Bank’s (ADB) Asia–Pacific Climate Report 2026.

Vivant Foundation upgrades La Union schools, expands library

Social Responsibility & Sustainability 0
Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

JPMorganChase earns two awards for workplace inclusion

Corporate Bulletins 0
JPMorganChase has received two major distinctions at the 2026 Bahaghari Awards organized by Philippine Financial and Inter-Industry PRIDE (PFIP), highlighting its efforts to advance LGBTQ+ inclusion, employee engagement and workplace diversity in the Philippines.
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