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First Gen plans ₱41.7B capex for 2026 to expand renewable energy projects

Power producer First Gen Corporation is preparing up to ₱41.7 billion in capital spending for 2026, a 24.5 percent increase from its ₱33.5 billion capex in 2025, company officials said.

Spot power prices ease in February, but regulators warn of possible surge if Middle East tensions drive fuel costs up

Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.

SEC shuts down MCM Royalty over illegal investment solicitation

The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.

SM Group to spend $50M exploring new geothermal wells

The SM Investments Corporation (SMIC) group plans to spend more than US$50 million this year to explore geothermal steam in six new sites, as it expands its renewable energy business.

Aboitiz InfraCapital completes runway upgrade at Laguindingan Airport

Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, has completed a major runway surface upgrade at Laguindingan International Airport, the second-busiest airport in Mindanao.

Just in

Camote tops may cut cost in raising tilapia

What many Filipino farmers toss aside after harvesting camote might actually help feed the country’s favorite farmed fish—tilapia.

Philippines confident it can pass US labor probe

The Philippines believes it can address concerns raised by the Office of the US Trade Representative (USTR) after Washington launched a new investigation into the country’s alleged shortcomings in enforcing restrictions on goods produced with forced labor.

BOP swings to $5.7-B deficit in 2025 amid weaker capital inflows

The Philippines posted a US$5.7-billion balance of payments (BOP) deficit in 2025, equivalent to 1.2 percent of gross domestic product (GDP). This marked a reversal from the US$609-million surplus recorded in 2024.

DA, SRA race to secure sugar industry input amid Middle East disruption

The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.
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