The Energy Regulatory Commission (ERC) reported a rare occurrence of negative average electricity prices at the Wholesale Electricity Spot Market (WESM) during major holidays, highlighting a significant gap between supply and demand that has broad economic and commercial implications.
The Department of Energy (DOE) is urging Manila Electric Co. (Meralco) to strictly comply with all provisions of its power supply agreements (PSAs), particularly the 1,200-megawatt deal with Excellent Energy Resources Inc. (EERI), amid delays in the latter’s plant commissioning and fuel supply readiness.
The Energy Regulatory Commission (ERC) has formally set the 2025 national and regional power capacity limits, reaffirming its regulatory oversight of the Electric Power Industry Reform Act (EPIRA) of 2001.
More participants are seen joining the so-called net-metering program as the Energy Regulatory Commission (ERC) recognized the Commission on Audit (COA) a national agency...
SM Hotels and Conventions Corp. (SMHCC) will inaugurate SMX Convention Center Seaside Cebu on November 26–28, 2026, with two major trade exhibitions that will add 21,000 square meters of leasable event space to Cebu’s growing meetings, incentives, conventions and exhibitions (MICE) industry.
First Philippine Holdings Corp. (FPH) is selling its entire 90.74-percent stake in Rockwell Land Corp. to Crème Investment Corp., an investment vehicle of Eugenio “Gabby” Lopez III, for P15.92 billion, freeing up capital for the group's investments in energy, infrastructure, and other businesses.
Japan remains the top overseas destination for Filipino travelers heading into the year-end holidays, but northern Vietnam is gaining traction among those looking to trade tropical heat for cooler weather, according to booking data from travel experiences platform Klook.
ABS‑CBN Corp. has reported a wider net loss of ₱2.95 billion for the first nine months of 2026, compared with the ₱2.24‑billion net loss recorded in the same period in 2025, hit by falling cable‑and‑broadband income as well as weaker advertising demand.