Vivant Energy’s retail arm COREnergy will supply 2.83 MW of power to four Jocelyn Forge facilities in Bulacan until 2028. The deal under the Retail Aggregation Program gives the pole line hardware maker more affordable rates and protection from spot market price swings, supporting its power-intensive production. The agreement aligns with Vivant’s P67 billion investment plan for energy and water projects through 2030, as it works toward reaching 1,000 MW total capacity with 30 percent renewable share.
Commuters on the Light Rail Transit Line 2 (LRT-2) can now leave both cash and stored-value cards at home as the government rolls out a digital fare payment system that allows passengers to pay with contactless bank cards, mobile wallets and QR codes, marking another step toward a fully cashless public transport network.
The Employers Confederation of the Philippines (ECOP) has backed Executive Secretary Ralph Recto's call for the Philippine Health Insurance Corp. (PhilHealth) to enhance benefit packages for direct contributors, saying workers and employers who consistently pay into the national health insurance system deserve better value and more meaningful protection.
Fresh from her breakthrough run at Wimbledon, the 21-year-old tennis star stepped into Malacañang on Monday, where President Ferdinand R. Marcos Jr. traded Centre Court for the Palace and presented her with a Presidential Citation, recognizing a young athlete who has become one of the Philippines' brightest sporting ambassadors.
The Angat Dam’s water level remains below ideal marks even after heavy rains hit Luzon over the past week, the National Water Resources Board (NWRB) confirmed on Monday. Speaking at the Bagong Pilipinas public briefing, NWRB executive director Dr. Sevillo David Jr. noted the level rose slightly to 156.07 meters thanks to the southwest monsoon, but this is still the lowest reading recorded at the dam since 2010. He said the dam has yet to hit the 160-meter critical level, and ideally needs to reach the 180-meter minimum operating level, adding the agency is counting on more rainfall in Bulacan in the coming days to boost supplies. Angat Dam provides most of the raw water used by Metro Manila and nearby provinces, distributed by concessionaires Maynilad and Manila Water.
The Philippines saw its net financial obligations to foreign lenders and investors expand to $65.6 billion as of end-June 2026, equivalent to 13.4 percent of the country’s Gross Domestic Product (GDP). It is a reflection of what the country owns abroad versus what it owes to foreign entities. Preliminary balance sheet figures show this liability expanded from $55.0 billion, or 11.2 percent of GDP, recorded at the end of March 2026.
The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.
The government is stepping up preparations for the expected impact of Super El Niño, rolling out measures to protect farms, water supplies, power systems and communities from extreme heat and prolonged drought.