The Marcos administration is moving beyond short-term remedies for Mindoro's recurring power woes, backing a series of major infrastructure projects aimed at integrating the island into the national grid and securing its long-term energy future.
Citicore Energy REIT Corp. (CREIT) plans to complete its next batch of asset additions within this year, pending regulatory approvals, as it moves to expand its renewable energy portfolio.
San Jose del Monte (SJDM) City in Bulacan faces another legal hurdle in its bid to fix long-running water supply issues, as PrimeWater Infrastructure Corp.—part of the Villar Group—filed a new petition seeking to stop the local government’s improvement efforts.
The Marcos administration has approved the 2026 Strategic Investment Priority Plan (SIPP), a move that economic managers say will sharpen the country's investment strategy by channeling incentives toward industries expected to drive future growth, job creation, and economic transformation.
The Bangko Sentral ng Pilipinas (BSP) reported a pick-up in bank lending activity alongside a slight cooling in overall money supply expansion for July, signaling continued economic momentum driven by robust borrowing.
The Philippine labor market took a sharper turn in July as unemployment climbed to 6.0 percent, even as more Filipinos entered the workforce, pointing to a widening gap between the number of people seeking jobs and available opportunities.
The Philippines’ push for an ASEAN oil stockpiling mechanism is gaining momentum, with five countries signaling support for a regional system designed to cushion members from future supply disruptions, Trade Secretary Cristina Roque said.
The Philippines has room to narrow its data center gap with Singapore and Malaysia, with abundant land, expanding power capacity, and rising investor interest giving the industry room to grow, the Data Center Association of the Philippines (DCAP) said.