ACEN Corp. will spend more than ₱80 billion in capital expenditures (capex) in 2026 as it aims to grow its total power generation capacity to over 8,000 megawatts (MW), covering both operational and under-construction projects by year-end.
The Department of Energy (DOE) is confident the power sector will gain as the country leads regional energy discussions under its ASEAN chairmanship. The Philippines will host the ASEAN Special Senior Officials Meeting on Energy (SOME) and related meetings in Bohol from January 20 to 22, 2026.
Shares of companies linked to billionaire Enrique K. Razon Jr. were among the most actively traded on the Philippine Stock Exchange on Monday after Malacañang announced a major new natural gas discovery at the Malampaya East-1 well.
Motorists will face another sharp rise in fuel prices starting Tuesday morning, with increases of P1 per liter for gasoline, P2 for diesel, and P1.50 for kerosene.