The Department of Energy (DOE) and the Land Bank of the Philippines have signed a memorandum of agreement to operationalize the Philippine Geothermal Resource De-Risking Facility (PGRDF), a $170-million program aimed at reducing the financial risks of early-stage geothermal exploration.
Green Ecosphere Industries Inc. is proposing a lead recycling plant that can process about 2,040 metric tons of used batteries every month. The facility is expected to produce around 1,000 metric tons of recycled lead ingots monthly, or about 12,000 metric tons a year.
Globe Telecom and GCash have completed the first phase of testing for silent network authentication (SNA), a new technology designed to make digital transactions safer and easier for users.
Energy Development Corp. (EDC) plans to allocate about P19 billion as capital expenditures in 2026, lower than present spending levels, as it scales down drilling activities.
The Department of Agriculture (DA) on Tuesday project rice imports next year falling below 4 million metric tons (MT) as local production makes up for and hits a new record.
ACEN is expanding its renewable energy footprint in Northern Luzon with San Manuel Solar, its first solar power project in Pangasinan, reinforcing the company’s push to support the Philippines’ transition to a low-carbon energy system.
Average yields on Treasury bills declined at Monday’s auction, as strong demand for short-term government debt reflected expectations of at least one more policy rate cut this year.
Philcement Corp., a subsidiary of listed PHINMA Corp. (PHN), confirmed it has received the investment of Sumitomo Osaka Cement Co. Ltd. for the Japanese company's acquisition of a 15 percent stake in the cement manufacturer through the issuance of primary shares.
Phile Mining Corp. said operations at its Padcal Mine were disrupted following a structural failure at the mill plant over the weekend, dealing a setback to daily production at one of the country’s longest-running mining operations.