Buhawind Energy Northern Luzon Corp. (BENLC), an affiliate of PetroEnergy Resources Corp. (PERC), has received pre-development environmental clearance from the Department of Environment and Natural Resources (DENR) to proceed with critical site studies for its 2,000-megawatt offshore wind (OSW) project in Ilocos Norte.
The Securities and Exchange Commission (SEC) has approved the entry of G-Xchange Inc. (GCash) and Macodimarc Technology Corp. (Pluang PH) into its strategic sandbox (StratBox) program, a regulatory initiative designed to foster innovation in the capital markets.
Leading digital bank and fintech ecosystem Maya has partnered with retail chain Ultra Mega and connectivity provider GoodApps in a tripartite collaboration aimed at advancing digital financial inclusion for over 100,000 micro, small, and medium-sized enterprises (MSMEs)—with a focus on sari-sari stores across the Philippines.
The Department of Transportation (DOTr) announced plans to file an economic sabotage complaint against Malaysia-based online booking platform AirAsia Move, accusing it of charging exorbitant airfares for domestic flights, notably a recent Tacloban-Manila route that cost over ₱77,000 for two passengers.