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Fuel prices set to rise by up to P7.32 per liter this week

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) has confirmed another round of across-the-board fuel price increases taking effect this week, with gasoline set to go up by P6.80 per liter, diesel by P7.32 per liter, and kerosene by P4.22 per liter.

Vena Energy gets $310M for 500 MW Pangasinan solar project

Energy & Mining Context.ph Context.ph -
Vena Energy has secured around $310 million in financing from eight international banks for its 500 MW Ixus Bugallon solar project in Pangasinan, reaching full financial close.

MREIT secures ₱27-B asset expansion deal

Corporate Context.ph Context.ph -
MREIT Inc., the real estate investment trust of Megaworld Corp., is set to execute its largest asset expansion to date with a ₱27-billion property-for-share swap.

BSP teaches transport staff to spot fake money in sector-focused training 

Banking & Insurance Context.ph Context.ph -
Currency experts from the Bangko Sentral ng Pilipinas (BSP) recently held a training session for employees of GV Florida Bus Company as part of the “Safe Currency, Safe Commute: Transport Sector Currency Education Campaign”.

Novel Hotel targets rainy season staycation travelers

Lifestyle Context.ph Context.ph -
Novel Hotel Manila is turning the rainy season into a business opportunity, launching a promotional staycation package as Metro Manila hotels seek to attract travelers choosing short urban escapes over long-distance trips during weeks of persistent monsoon rains.
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Marcos spotlights tax cuts, energy, healthcare in SONA

Education, Health & Science 0
President Ferdinand Marcos Jr. used his fifth State of the Nation Address on Monday to present an agenda centered on lowering household costs, strengthening energy security and accelerating infrastructure, signaling a renewed focus on economic resilience as global uncertainties persist.

Marcos Jr. targets lower electricity rates through nuclear power push and system loss charge cuts

Energy & Mining 0
President Ferdinand Marcos Jr. highlighted major energy reforms during his State of the Nation Address, focusing on adopting nuclear energy and removing system loss charges from electricity bills.

ACEN turns Zambales into major renewable energy hub 

Energy & Mining 0
ACEN Corporation is developing Zambales into one of the country’s largest renewable energy hubs, with nearly one gigawatt of solar and battery storage capacity. Once fully operational, these projects will generate enough clean power for 340,000 households and cut fossil fuel dependence. Around 450 megawatts are already running, with the rest set to be finished by 2027, alongside new battery systems to ensure steady power supply and grid stability.

Socoteco II members back proposed joint venture with IGNITE Power ahead of public vote

Energy & Mining 0
Members of the South Cotabato II Electric Cooperative (Socoteco II) have voiced strong support for a proposed partnership with IGNITE Power aimed at upgrading power services across the region, officials confirmed.
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