The Department of Energy (DOE) has recognized MORE Electric and Power Corp. (MORE Power) and Negros Electric and Power Corp. (Negros Power) for timely and complete compliance with key reportorial requirements, highlighting the growing role of high-quality data in managing the country’s power system amid rising demand.
PXP Energy Corp. said its indirect subsidiary has secured the formal effectivity of a new petroleum contract covering a prospective offshore block in Palawan, marking a step forward in its upstream portfolio.
Energy Secretary Sharon Garin said the Philippines has secured “safe and preferential access” through the Strait of Hormuz, a move aimed at reducing supply risks amid rising global tensions, but one that will not immediately lower pump prices.
Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.
Semirara Mining and Power Corp. (SMPC) is projecting confidence as it braces for a high-stakes government auction that will determine who operates the country’s largest coal mine beyond 2027.
The Department of Agriculture (DA) and Davao-based Abante Agri-Products Philippines Inc. have shipped 32,000 fresh young coconuts (buko) to Monrovia, Liberia, marking a milestone that could unlock new West African export opportunities for Philippine agriculture.
The Department of Environment and Natural Resources has completed three community water supply systems in Barangay Datal Anggas, providing over 1,000 households across three sitios with direct access to clean, potable water.
Citi expects 2026 to mark a record year for investment banking across Southeast Asia, as accelerating mergers and acquisitions (M&A), artificial intelligence-related financing and capital-market fundraising drive deal activity, with the Philippines among markets accessing international debt investors.
Ten public health and tobacco control organizations have urged the Department of Trade and Industry (DTI) to strengthen enforcement of restrictions on nicotine product promotions, alleging repeated violations involving IQOS and ZYN sponsorships of entertainment and cultural events.