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...
Economic growth across developing Asia and the Pacific will ease to 5 percent this year from 5.5 percent in 2025, then edge up to 5.1 percent in 2027, the Asian Development Bank (ADB) reported Wednesday. The 2026 forecast is a slight upgrade — 0.1 percentage points higher than the bank’s July outlook.
The Philippines’ breakthrough in free trade negotiations with the European Union could trigger fresh factory investments, technology transfers and export growth, business groups said, but warned that local firms must prepare for tougher competition and demanding EU standards.
The Philippines is pushing to wrap up trade negotiations with Canada and Japan by November, building on the substantial conclusion of its free trade agreement (FTA) talks with the European Union as Manila moves to widen market access amid global trade uncertainty.