PH, Egypt explore new trade openings, revive economic talks
The Philippines and Egypt are exploring new avenues for trade and investment cooperation, with discussions ranging from textile manufacturing opportunities using premium Egyptian cotton to the possible revival of a bilateral economic committee aimed at deepening commercial ties.
Mixed fuel price adjustments set this week; supply levels rise
The Department of Energy (DOE) announced mixed price adjustments for fuel this week. Gasoline may drop by as much as P1.70 per liter or rise by up to P0.30 per liter.
Nine advance in first review of PH offshore wind auction
The Department of Energy (DOE) has confirmed that nine companies have passed the initial evaluation for offshore wind projects under the fifth Green Energy Auction (GEA5), down from more than 20 original applicants.
Sectors push corn as bioethanol feedstock amid fuel, food trade-off
The Department of Agriculture (DA) has confirmed growing calls to amend Joint Administrative Order No. 2008-1, which limits approved bioethanol raw materials to only sugarcane and molasses, to include corn as an additional feedstock. The proposal remains under review and awaits final decision from the National Biofuels Board, with officials noting the move is being reconsidered amid an ongoing fuel crisis.
Security Bank’s wholesale banking head steps down; interim oversight set
Security Bank announced Monday that John Cary Ong will leave his post as head of the wholesale banking segment.
