The Energy Regulatory Commission (ERC) has approved nine ancillary services procurement agreements (ASPAs) between the National Grid Corporation of the Philippines (NGCP) and several major power producers— a move expected to enhance grid stability and spur investment confidence in the country’s energy sector.
New NAIA Infra Corp. (NNIC) president Ramon S. Ang has extended immediate support to the victims of the vehicular accident that took place earlier today at the departure level of Ninoy Aquino International Airport (NAIA) Terminal 1, committing to shoulder medical expenses and provide financial assistance to the affected families.
China Banking Corp. (Chinabank) is preparing to sell a prime 14-hectare property in Taguig City recently acquired from Chelsea Logistics and Infrastructure Holdings Corp., a firm led by Davao-based businessman Dennis Uy.
Inflation data, due to come out on Monday, is projected to ease further in April 2025, with the Bangko Sentral ng Pilipinas (BSP) forecasting a possible low of 1.3 percent, marking a continuation of the disinflation trend and strengthening the case for monetary easing later this year.
