Saturday, 10 January 2026, 11:21 am

    Tag: DOE

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    Meralco rejects DOE claim vs its delayed power supply deal

    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”

    Alternergy takes delivery of largest wind turbines in Philippines

    Alabat Wind Power Corp., a unit of listed renewable energy innovator Alternergy Holdings Corp., received the first two units of the largest wind turbines to be installed in the Philippines.

    Fuel prices to drop again, offering relief to motorists

    Motorists could see another round of fuel price reductions as early as next week, marking the second consecutive week of price rollbacks. According to local fuel stakeholders, the price drop will likely apply to all petroleum products, including gasoline, diesel, and kerosene.

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    US jobs rise, momentum lags in December

    The U.S. labor market delivered mixed signals in December, improving by one measure while underscoring a broader slowdown. 

    DOT, DOF untangle tourism tax rules

    The Department of Tourism (DOT) and the Department of Finance (DOF) are moving to calm nerves across the travel industry, forming a technical working group (TWG) to address tax concerns triggered by a sweeping new revenue regulation.

    Investor pullback seen behind rise in unemployment

    The privately owned umbrella group Employers Confederation of the Philippines (ECOP) said the recent rise in unemployment is largely due to the corruption scandal that has shaken investor confidence in the country.

    IR Impact names SM Investments’ annual report best in region

    SM Investments Corporation, the parent company of the SM Group, was named Best Annual Report at the IR Impact Awards – Southeast Asia held in December 2025. The award recognizes the company’s strong reporting and disclosure practices, particularly its integrated report, which clearly explains its business strategy, performance, governance, and long-term plans for creating value.

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