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Evro tops 100,000 users as EV charging network expands

Evro has surpassed 100,000 users as the digital platform expands its role in connecting Philippine electric vehicle drivers to a growing network of charging stations nationwide.

Philippine banks face rising bad-loan risk, S&P warns

Philippine banks could see their bad-loan ratio rise to as high as 7 percent from 5.6 percent as inflation squeezes household incomes, credit growth weakens, and riskier unsecured loans come under pressure, S&P Global Ratings said.

Vivant Water desalination project boosts Cebu water supply

Vivant Water has begun supplying desalinated water to the Metropolitan Cebu Water District (MCWD), adding an initial 5 million liters per day to the system as Cebu seeks more reliable sources to meet rising demand.

Australian investors with A$1.4 trillion scout Philippine deals

Australian institutional investors overseeing nearly A$1.4 trillion in assets are in the Philippines this week to scout deals in energy, infrastructure, and other strategic sectors, bringing a potentially deep pool of long-term capital to the country.

IBPAP coalition targets global firms for $50B IT-BPM goal

The Philippines’ IT-BPM industry is mounting a fresh global investor push to help drive annual revenues past USD50 billion by 2028, with industry groups and corporate partners targeting new markets and higher-value operations.

Just in

Shell Energy PH secures additional 120 MWp solar power deal in Leyte

Shell Energy Philippines Inc. (SEPH) has entered a second 15-year power supply agreement with Greenlight Renewables Holdings Inc. via its unit San Isidro Solar Power Corp., securing an additional 120 megawatts peak (MWp) from the second phase of the San Isidro solar power project in Leyte. Announced Tuesday, the new deal follows an earlier 15-year agreement for the project’s first phase, bringing the total solar capacity SEPH will source from Greenlight Renewables to 240 MWp.

DOE, DOT team up to advance energy efficiency in tourism sector 

The Department of Energy (DOE) and the Department of Tourism (DOT) are expanding their joint effort to assess energy use and deliver support to hotels, resorts, and other tourism establishments.

DOT seeks P1.73B boost to close ASEAN tourism gap

The Department of Tourism (DOT) is seeking an additional P1.73 billion for 2027 to strengthen the Philippines’ tourism infrastructure, destinations, and promotion as it tries to close an investment gap with more aggressive Southeast Asian competitors.

CLI expands Bohol footprint with third residential site 

Cebu Landmasters Inc. (CLI) is expanding its Bohol footprint with a 5.6-hectare residential project in Tagbilaran City, adding a third site as the Visayas-Mindanao developer taps rising housing demand in one of the region’s fastest-growing markets.
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