Citicore Renewable Energy Corp. (CREC) has signed a ₱3.98-billion project finance loan with the Bank of the Philippine Islands to help complete its 113-megawatt Citicore Solar Pangasinan 2 project in Binalonan. BPI Capital Corp. acted as the sole lead arranger.
Agriculture Secretary Francisco Tiu Laurel Jr. signaled a major shift in the country’s rice import strategy on Wednesday, issuing an advisory that points to significantly lower import requirements for the first quarter of 2026.
The new direct link offered by VietJet between Manila and Ho Chi Minh City is expected to turbocharge tourism and business ties between the Philippines and Vietnam, the Department of Tourism (DOT) said.
With property values increasing and many family-owned businesses expanding, more Filipino families are facing problems when transferring wealth to the next generation. Without proper estate planning, assets can end up frozen, tied up in legal disputes, or even sold off just to settle taxes.
Aboitiz Power Corporation (AboitizPower) and its partners have earmarked P62 billion in capital spending for 2026, with most of the funds going to renewable energy projects and battery energy storage systems (BESS).
Aboitiz Equity Ventures is heading into 2026 with what it calls cautiously optimistic expectations, even as storm clouds gather over the broader economy.
Aboitiz Equity Ventures (AEV), the Aboitiz Group’s main investment arm, said it is continuing its long-term expansion and value-building plans for 2026, supported by a more diversified portfolio and a strong financial position.
The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.