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Electric cooperatives draw loans worth P900M from NEA

The bulk of financial assistance extended by the National Electrification Administration (NEA) to electric cooperatives (ECs) as of end-October this year beefed up their capital structure.

World’s best tapped in Ph-Singapore data center construction

STT GDC Philippines has tapped First Balfour - Leighton Asia Joint Venture (FBLJV) as general contractor of the data center planned in Fairview, Quezon City also touted as the country's largest. 

‘Bulk or 80 percent of Meralco charges are pass-through’

The Manila Electric Co. (Meralco) has rejected notions that its corporate behavior and practice rather than the broad economy as a whole are to blame for such conditions as the country's supposed inability to pull off large batches of foreign investments.

GMA Network profits fall 52 percent over nine months

GMA Network Inc. on Wednesday said its net income fell 52 percent in the first nine months when none of the expected political advertisements were forthcoming. 

PAL, SIA in new codeshare pact

The Philippine Airlines (PAL) is in a new codeshare agreement with Singapore Airlines (SIA) which has the effect of enhancing the flight options of travelers of both countries. The pact affects domestic and international destinations via their respective hubs. 

Just in

Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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