The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.
The Department of Tourism on Friday, December 5, didn’t just tap the global culinary world on the shoulder—it grabbed it by the lapels and declared, “Fasten your seatbelts. The Philippines is serving greatness.”
Netflix’s bold move to acquire Warner Bros. from Warner Bros. Discovery (WBD) in a USD82.7-billion cash-and-stock deal sent shockwaves through Hollywood on Friday, along with a jolt of anxiety on Wall Street.
Honda Cars Philippines Inc. is stepping on the accelerator as demand for its electrified lineup surges, with hybrid sales nearly doubling in 2025. President Rie Miyake called the uptick the start of “a new phase” in Honda’s local electrification drive.
The country’s gross international reserves rose to $111.1 billion at end-November 2025, up from $109.7 billion in October. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) show the reserves can cover 7.4 months of imports, far above the standard three-month safety benchmark, signaling strong economic resilience.