Sovereign keeps ‘BBB’ rating but outlook cut to negative — BSP
The Bangko Sentral ng Pilipinas reported Monday that Fitch Ratings has affirmed the country’s “BBB” investment-grade rating but sharply revised its outlook from stable to negative, signaling rising economic risks.
Pangasinan 25-MW solar project begins testing phase
A 25-megawatt solar power plant in Bugallon, Pangasinan has started its testing and commissioning phase, according to Yuchengco-led power company Petro Green Energy Corp. (PGEC).
MWSS orders ₱54.28M penalty vs Maynilad, rebates for affected customers
The Metropolitan Waterworks and Sewerage System–Regulatory Office (MWSS-RO) has imposed a ₱54.28 million penalty on Maynilad Water Services, Inc. over service issues.
DOE fast-tracks 128.9 MW of renewable energy projects now online
The Department of Energy (DOE) said five renewable energy projects with a combined capacity of 128.9 megawatts (MW) are now operational. This is part of its goal to bring 25 renewable energy and energy storage projects online within the month.
onsemi plans Philippines expansion via brownfield investment
Power semiconductor firm onsemi is looking to deepen its footprint in the Philippines, signaling fresh investment through a brownfield expansion strategy that prioritizes scaling operations in existing facilities.
