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NG debt rise to P14.79T in January on increased domestic borrowings
The total national government debt at the end of January reach P14.79 trillion, up P173.91 billion from the level at the end December 2023, nudged higher by an increase in domestic borrowings for budget support.
P200-B solar project for delivery in 2026 requires foreign equity participation
SP New Energy Corp. (SPNEC) counts of foreign partners to help it raise the estimated P200 billion, roughly USD3.5 billion, needed to bring the...
Engine displacement makes all the difference for Taiwan’s battery-swapping Gogoro scooters
Gogoro Philippines, the local unit of the Taiwan-based mobility company distinguished by its battery-swapping electric scooters, said its units are exempt from the recent Metro Manila Development Authority (MMDA mandate banning a broad range of e-vehicles from the streets of Metro Manila.
Pro commuter lawyer group fears Grab Ph out to monopolize the motorcycle taxi business
A group of lawyers claiming to advance the interest of commuters surfaced on Friday to denounce the bid by Grab Philippines to have itself listed as fourth participant in the ongoing motorcycle taxi program.
Substantial job generation resulted from easing foreign ownership of renewable energy projects
Some 1.5 million new jobs were seen created as a result of adjustments allowing full foreign ownership of enterprises in the renewable energy sector using 2022 data, Department of Energy (DOE) officials told legislators inquiring into the wisdom of relaxing the economic provisions in the Constitution on Thursday.
