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T-bill yields ease on strong demand overwhelms market

Treasury bill yields drifted lower at Monday’s auction, pressured by steady demand for shorter-dated debt paper.

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

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

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

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 

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”.

Just in

PH leads push to scale up global loss and damage funding as demand far outstrips available aid

The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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