The Energy Regulatory Commission (ERC) has approved the upper limit of the secondary price cap (SPC) helping hold the Wholesale Electricity Spot Market (WESM) together, a mechanism meant to protect consumers from sharp price spikes.
The Philippine automotive industry is closing 2025 with cautious optimism, as vehicle sales are widely expected to breach the long-elusive 500,000-unit mark and sustain growth into 2026.
The country’s foreign debt rose slightly in the third quarter of 2025, but levels remained manageable and supportive of overall economic stability, data from the Bangko Sentral ng Pilipinas (BSP) show.
The country posted a US$5.3-billion balance of payments (BOP) deficit in the first nine months of 2025, equal to 1.5 percent of GDP, as tighter global financial conditions and trade uncertainties weighed on the external sector.
The Board of Investments (BOI) has cleared P26.43 billion worth of fresh investments, giving the government’s industry roadmap a solid boost as it pushes for growth across services, manufacturing, housing, and clean energy.