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Pagbilao power assets turnover sealed; Quezon City property up for bidding 

The Power Sector Assets and Liabilities Management Corp. (PSALM) and AboitizPower’s Therma Luzon Inc. formalized transfer of the 735-MW Pagbilao power plant and 1.06M sq.m. land in Quezon Province via Aug.25 signing. Land price: ₱2.95B. Ensures steady plant operation and supply amid rising demand, supporting energy security and privatization goals.

$1-B Laguna Lake solar project seen as region’s largest

Thailand’s Gunkul Engineering has partnered with local developer SunAsia Energy for a $1-billion floating solar project at Laguna Lake, set to deliver 1,000 MW capacity as Southeast Asia’s biggest of its kind.

Remote households to gain reliable power from upcoming microgrid bidding

The Department of Energy (DOE) is moving forward with plans to bring electricity to more than 100,000 currently unenergized households across the Philippines, through an upcoming competitive bidding process for microgrid services.

DA pushes palm oil expansion to cut imports, boost economy and support cleaner fuels

The Department of Agriculture (DA) is leading a major drive to expand the palm oil industry, aiming to cut the country’s heavy reliance on imports and build a local supply base that can also serve as feedstock for cleaner fuels.

NDA, Negros Occidental university team up for 50-ha dairy farm to boost regional industry

The National Dairy Authority (NDA) and Central Philippines State University (CPSU) have partnered to develop a 50-hectare dairy stock farm in Barangay Camingawan here, aiming to strengthen production, breeding, research and training across the Negros Island Region.

Just in

Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Serial fuel price hikes hit households and businesses: adjustments staggered

Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

PH launches school milk program; 4.6 million learners to benefit

The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.

Data-driven lending seen widening credit access for small entrepreneurs

Broader use of alternative data, coupled with risk-based regulation and stronger consumer safeguards, could help widen formal credit access for Filipino microentrepreneurs, according to digital lender Tala.
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