Nickel sector seeks incentives, zones for competitiveness
Industry leaders are pressing the government to roll out stronger fiscal incentives and establish dedicated industrial zones to accelerate the Philippines’ shift into value-added nickel processing and close the gap with regional competitors.
Prolonged Middle East conflict threatens Asia growth outlook
The Asian Development Bank (ADB) warned that a prolonged conflict in the Middle East could shave up to 1.3 percentage points off economic growth in developing Asia and the Pacific over 2026–2027, while pushing inflation higher by as much as 3.2 percentage points if energy disruptions persist for more than a year.
Prime Energy confirms major gas boost from Malampaya expansion
Prime Energy said it is on track to deliver additional natural gas from the Malampaya field by the fourth quarter of 2026.
SM malls to shorten amid oil shock
SM Supermalls will open later on weekdays nationwide starting March 30, shifting mall hours to 11:00 a.m. from Monday to Friday as part of efforts to conserve electricity during the ongoing National Energy Emergency. On Saturdays and Sundays, the malls open 10 a.m. Closing hours on all days will be at 9 p.m.
Gov’t steps in to curb looming power rate spike amid global fuel turmoil
The government and energy sector players are rolling out emergency measures to protect electricity supply and limit price increases as global fuel markets remain unstable amid ongoing conflict in the Middle East.
