PNOC checks Batangas facilities ahead of state-procures LPG arrival
The Philippine National Oil Co. (PNOC) inspected LPG storage and port facilities in Calaca, Batangas over the weekend to confirm they are ready to receive, store, and safely handle 21,000 metric tons of government-procured LPG. This supply, sourced from the United States and transiting through Singapore, is due to arrive by the end of May.
New rules, auction rolled out to draw waste-to-energy investments
The Energy Regulatory Commission (ERC) and the Department of Energy (DOE) have introduced new terms and an upcoming special auction to attract more investments in waste-to-energy (WTE) projects under the Green Energy Auction (GEA) program, aiming to boost clean power supply and improve national waste management.
Auto sales slide to nearly pandemic-era lows
Vehicle sales by members of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA) sank to a 47-month low in April, signaling continued weakness in the Philippine auto market amid a surge in fuel prices following the conflict in the Middle East.
FAST, DTI boost Northern Mindanao MSME logistics
FAST Logistics Group and Department of Trade and Industry Misamis Oriental have expanded their partnership to strengthen logistics support for micro, small, and medium enterprises (MSMEs) in Northern Mindanao, aiming to help local businesses reach wider markets and build more resilient supply chains.
PH, EU near landmark free trade deal
The Philippines and the European Union are closing in on a free trade agreement (FTA), moving in step with the target set by Trade Secretary Cristina Roque to wrap up negotiations by June or July this year.
