Australia has formally joined the Luzon Economic Corridor (LEC), underscoring its growing commitment to the Philippines’ infrastructure modernization, investment promotion, and economic reform agenda as bilateral ties continue to deepen.
Angeles Power Inc. (API), parent firm of listed renewable energy player Raslag Corp., has obtained a P2 billion loan from the Bank of the Philippine Islands to fund its 49.9-megawatt Paldo solar facility in Tarlac.
Acwa Power Philippines and Emerging Power Inc. (EPI), the power generation unit of Nickel Asia Corp., have signed a deal to jointly develop up to 5,000 megawatts of renewable energy and natural gas-fired power facilities across the country.
The Philippines has dispatched its first-ever commercial batch of fresh Carabao mangoes to Toronto, Canada, according to the Department of Agriculture (DA).