Prime Infrastructure Capital Inc. (Prime Infra), part of the Razon Group, has agreed to acquire all shares of SierraCol Energy Limited from global investment firm The Carlyle Group, a move analysts describe as timely and strategically important for both the company and the Philippines’ energy security.
Rising geopolitical tensions in the Middle East may unintentionally accelerate Southeast Asia’s shift toward renewable energy, as governments confront the economic risks of heavy dependence on imported fossil fuels.
The government says commuters and pedestrians will soon see safer and more efficient travel along Epifanio de los Santos Avenue (EDSA) as sidewalk expansion works under its ongoing rehabilitation reach 60 percent completion.
Airlines serving the Middle East are loosening ticket rules and waiving costly penalties as geopolitical tensions continue to disrupt flight schedules across the region.
The Philippines is closely watching a new US trade investigation that could reshape manufacturing supply chains and complicate trade flows across Southeast Asia.
The Philippines is pressing Southeast Asian economies to keep markets open as geopolitical tensions in the Middle East threaten to rattle global supply chains and push up energy costs.
The Energy Regulatory Commission (ERC) on Thursday said electricity prices at the Wholesale Electricity Spot Market (WESM) could rise by P2 to P4 per kilowatt-hour (kWh) next month, based on simulations by the Independent Electricity Market Operator of the Philippines (IEMOP).
When it comes to spotting investment scams, Atty. Joanne L. Ranada has spent much of her career reading between the lines — and occasionally between the loopholes.