The New NAIA Infra Corp. (NNIC) unveiled a new 6,000-square-meter Mezzanine Food Hall at Terminal 3 of Ninoy Aquino International Airport, marking a major step in the airport’s ongoing transformation.
Households and businesses should brace for higher electricity bills in 2025 following two major rulings by the Energy Regulatory Commission (ERC) which will directly impact power rates across the country.
The Department of Public Works and Highways (DPWH) will fill nearly 2,000 vacancies across the country, following a directive from President Ferdinand Marcos Jr. to open advancement opportunities for staff-level and job order employees.
Treasury bill rates were generally lower at Monday’s auction, as expectations of further monetary policy easing by the Bangko Sentral ng Pilipinas (BSP) continued to weigh on yields.
The Philippines posted a balance of payments (BOP) surplus of US$82 million in September, according to the Bangko Sentral ng Pilipinas (BSP). While positive, the figure is significantly lower than the US$3.5 billion surplus recorded in the same month last year.
The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.
Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.
ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.
The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.