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Thursday, 06 November 2025, 2:52 pm

    Energy

    DOE to auction 170 MW in waste-to-energy projects

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    The Department of Energy (DOE) plans to hold a special Green Energy Auction (GEA) for 170 megawatts (MW) of waste-to-energy (WTE) capacity, targeting projects to be operational by 2028.

    DOE proposes body harmonizing energy projects

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    The Department of Energy (DOE) is proposing the establishment of a Multiple Energy Resources Committee to strengthen inter-bureau collaboration, enhance accountability, and ensure fair recognition of existing energy contracts.

    ERC proposes uniform power subsidy rate to aid low-income consumers

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    The Energy Regulatory Commission (ERC) is seeking public feedback on its proposed uniform national lifeline subsidy rate and the creation of a national lifeline subsidy fund, which would be managed by the Power Sector Assets and Liabilities Management (PSALM) Corp.

    ACEN’s 400-MW solar project in Australia now fully operational

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    ACEN Corp., the renewable energy arm of Ayala Corp., announced that its Australian subsidiary, ACEN Australia, has achieved full commercial operations for the 400-megawatt (MW) Stubbo Solar project in New South Wales.

    Agencies brace for Typhoon Tino impact on power, agriculture

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    The Department of Energy (DOE) assured the public that the country’s power and fuel supplies remain stable despite disruptions caused by Typhoon Tino.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Robust enterprise demand spurs Converge 9-month profit growth

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    Converge Information and Communications Technology Solutions, Inc. (PSE: CNVRG) posted an 8.4 percent rise in net income to P8.9 billion for the first nine months of 2025, from P8.2 billion a year earlier, as strong enterprise demand and steady residential growth lifted revenues.
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    China Bank profit up 10%, assets reach ₱1.7T

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    China Banking Corp. on Thursday reported consolidated net income of ₱20.2 billion for the first nine months of 2025, a 10 percent increase from the same period last year. This translated to a 15.3 percent return on equity and 1.6 percent return on assets, among the highest in the industry.
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    Unemployment up slightly in September, fewer job seekers

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    The country’s unemployment rate inched up to 3.8 percent in September 2025 from 3.7 percent a year earlier, equivalent to 1.96 million Filipinos without work, the Philippine Statistics Authority (PSA) reported Thursday. Despite the slight uptick, the number of jobless declined from 2.03 million in August, suggesting some improvement in hiring momentum.
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