Thursday, 16 October 2025, 2:45 am

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    PH as net debtor vs net investor status widens in 1Q 2025

    The country's net external liabilities increased by 5.4 percent in the first quarter of 2025, reaching ₱3.7 trillion from ₱3.5 trillion in the previous quarter, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP) under the balance sheet approach (BSA).

    Ballet Manila brings back ‘Florante at Laura’ for 30th anniversary

    Florante at Laura, a cutting-edge ballet version of this still relevant and timely story about love, heroism, and patriotism, returns for a second run at the Aliw Theater stage on October 3 to 5, 2025 with live orchestral music performed by the Orchestra of the Filipino Youth (OFY).

    RLC allots P7.66B from share sale for redevelopment, property acquisition

    Robinsons Land Corp. (RLC), the real estate arm of the Gokongwei Group, announced that it will use the P7.66 billion in net proceeds from the sale of shares of RL Commercial REIT Inc. (RCR) to fund several ongoing and proposed property projects across the Philippines.

    REIT push targets OFWs in Europe

    A private sector initiative led by the Systembrand Group is driving efforts to increase overseas Filipino workers’ (OFWs) participation in the Philippine capital market, with a focus on real estate investment trusts (REITs). 

    DPWH embraces blockchain for transparent infrastructure governance

    The Blockchain Council of the Philippines (BCP) has partnered with the Department of Public Works and Highways (DPWH) to introduce the Integrity Chain, a blockchain-based platform aimed at enhancing transparency, accountability, and public trust in national infrastructure projects.

    Just in

    Carmen’s Best expands fresh dairy reach nationwide

    Carmen’s Best, the homegrown dairy darling best known for its rich, creamy ice cream, is churning out growth in all directions—now with farms and facilities stretching from Luzon to Mindanao.

    DOE cancels NAC geothermal contract over missed milestones

    The Department of Energy (DOE) has formally terminated the Geothermal Renewable Energy Service Contract for the Montelago project in Oriental Mindoro, citing the failure of Mindoro Geothermal Power Corp. (MGPC) to meet key development milestones.

    NGCP cuts transmission rates for the September billing

    The National Grid Corporation of the Philippines (NGCP) has reduced its overall average transmission rate by 1.23 percent for the September 2025 billing period, which will reflect in customers' October bills. The rate now stands at P1.3998 per kilowatt hour (kWh), down from P1.4171/kWh in August.

    PH eyes gains from ASEAN energy cooperation

    The Department of Energy (DOE) expressed optimism that the Philippines stands to benefit from strengthened regional collaboration in the energy sector, as the country actively participates in the ongoing ASEAN Ministers on Energy Meeting (AMEM) in Malaysia.
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