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Meralco says power supply restoration almost complete; readies for Red Alert

Manila Electric Co. said that by early Tuesday it had almost fully restored power supply to around 1.7 million customers affected by Typhoon Aghon but warned of possible outages as the National Grid Corp. declared yellow and red alerts in the Luzon Grid.

Teaching school taps ACEN unit in renewable energy pact

The National Teachers College (NTC) has tapped ACEN Corp. retail arm ACEN Renewable Energy Solutions (ACEN RES) for the supply of renewable energy to the learning institution.

Fuel price rises 40-centavos more per liter beginning Tuesday

The price of gasoline and diesel will increase by P0.40 per liter at the pumps just after midnight Tuesday, the various retailers said.

T-bill yields rise as demand for short-dated debt papers ease

Treasury bill yields were slightly higher at Monday’s auction, with an earlier government report of a budget surplus in April tempering the impact of lower demand for short-dated debt papers.

Filinvest projects leasing half its ready-built factories at Clark

Filinvest Land Inc. is seen to have leased half of its ready-built factories at the New Clark City in Tarlac within the year, with the last five units taken by next year to complete the development of the first phase of the project. 

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Japan marks 72nd Self-Defense Forces Day in Manila, highlights bilateral defense cooperation

The 72nd Japan Self-Defense Forces Day Reception was held at the Japanese Ambassador’s residence in Manila, bringing together key officials to celebrate the occasion and reinforce growing defense and security ties between Japan and the Philippines.

PEZA taps Taiwan tech firm to cut  ecozone power costs

The Philippine Economic Zone Authority (PEZA) is turning to energy management technology to help businesses cut electricity costs, reduce waste and sharpen the competitiveness of the country’s economic zones.

Telco equips Tagbanua community in El Nido with disaster skills alongside Palawan cable project

More than 30 members of the Tagbanua Tandulanen Indigenous Cultural Community from 11 El Nido barangays recently took part in disaster preparedness training organized by PLDT Inc. and Smart Communications. Held alongside work on the Palawan Resiliency Submarine Cable Project, the effort underscores that stronger connectivity goes hand in hand with stronger communities.

Megaworld, Federal Land join Pag-IBIG housing push

Megaworld Corp. and Federal Land Inc. are preparing separate partnerships with Pag-IBIG Fund to widen access to affordable homes, adding two major property players to the government’s expanding housing drive.
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