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DENR convenes forum to boost forestry investments and partnerships

The Department of Environment and Natural Resources gathered over 200 representatives from government, finance groups, civil society, diplomatic bodies, and community forestry organizations in an investment forum held Thursday. The event aims to grow inclusive investments and strengthen cooperation for sustainable forest management.

PEMC, PERPI team up to improve electricity market operations

The Philippine Electricity Market Corp. (PEMC) and the Philippine Energy Research and Policy Institute (PERPI) have signed a three-year agreement to work together on studies aimed at making the country’s electricity market run better. The deal establishes a formal partnership for research, policy guidance and information sharing.

BPI calls for unified action vs cyber threats at 2026 CyberProtect conference

Amid more complex and linked online risks, the Bank of the Philippine Islands (BPI) has urged all sectors to work together to boost defenses against digital fraud. The call was made during its CyberProtect Conference held July 30 at Fairmont Makati with the theme “Defend as One: Building a United Front Towards Consumer Protection.”

DOE forms joint task force to lower electricity charges and remove extra charges

The Department of Energy (DOE) has established a new Joint Task Force alongside the Energy Regulatory Commission, the National Electrification Administration, and electric cooperatives to help remove system loss charges and related value-added tax from power bills. Energy Secretary Sharon Garin emphasized the administration's stance that consumers should only pay for the electricity they actually consume, rather than bearing the cost of losses they did not cause.

BPI simplifies account opening with national ID integration

The Bank of the Philippine Islands (BPI), in marking its 175th year as lender, rolled out a new feature making the opening of a bank account easier for all Filipinos. The improvement comes from a formal partnership with the Philippine Statistics Authority (PSA), marked by the signing of a subscription agreement that adopts the National ID Authentication Services (NIDAS) for the BPI app.

Just in

Gov’t files record 105 expropriation cases for NSCR

The Department of Transportation (DOTr) and the Office of the Solicitor General (OSG) have filed 105 expropriation cases for the North-South Commuter Railway (NSCR)—the most ever filed for a single infrastructure project by the agency.

Growth hits post-2009 low on surging energy costs and weak infrastructure spending  

Growth measured as the gross domestic product (GDP) is seen to have slowed sharply to 1.9 percent year-on-year in the second quarter of 2026, down from 2.8 percent in the previous quarter, according to the Bank of the Philippine Islands (BPI).

Globe hits over ₱510-M energy savings in 2025

Globe Telecom saved more than ₱510 million on energy in 2025 by using efficient network gear and AI tools. It rolled out 20,800 new green tech items under its Green Network program to cut electricity use.

BSP clarifies Circular 1238: Fair pricing guideline, not zero-fee rule 

FinTech Alliance PH has welcomed clarification from the Bangko Sentral ng Pilipinas (BSP) regarding Circular No. 1238, saying the update brings much-needed regulatory certainty to the digital financial services sector and aligns with shared goals of making digital payments affordable, secure, and sustainable. Following productive talks between BSP Monetary Board members and alliance representatives, the central bank confirmed the circular sets out cost-based fair pricing guidelines and does not impose a requirement to scrap all fees. The BSP made clear that financial institutions and payment service providers are not required to remove electronic fund transfer fees entirely, nor are off-network person-to-person transfer charges limited strictly to technical switch costs. It also noted that Frequently Asked Question No. 7 should not be treated as a rigid rule allowing only switch-cost pricing.
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