ERC raises WESM secondary price cap limits
The Energy Regulatory Commission (ERC) has approved the upper limit of the secondary price cap (SPC) helping hold the Wholesale Electricity Spot Market (WESM) together, a mechanism meant to protect consumers from sharp price spikes.
Vena Energy secures $210M for Ilocos Norte solar project
Renewable energy developer Vena Energy has secured $210 million in financing for a 300-megawatt solar power project in Ilocos Norte, marking its first full international project financing in the Philippines.
PAL tops Asia Pacific punctuality rankings for November
Philippine Airlines (PAL) ranked as the most punctual airline among Asia Pacific carriers in November 2025, posting an on-time performance (OTP) rate of 84.67 percent, according to London-based aviation analytics firm Cirium.
IPO: P29.2B fake goods nabbed in Jan-Nov
Philippine authorities have seized an estimated P29.2 billion worth of counterfeit goods from January to November this year, underscoring the scale of the country’s ongoing battle against fake products, according to the Intellectual Property Office of the Philippines (IPOPHL).
CAMPI eyes 2025 industry sales to breach 500,000 vehicles
The Philippine automotive industry is closing 2025 with cautious optimism, as vehicle sales are widely expected to breach the long-elusive 500,000-unit mark and sustain growth into 2026.
