Tag: GDP

Aboitiz Power Corporation has secured 15-year baseload power supply agreements with the Luzon and Visayas Electric Cooperatives Aggregation (LVECA). Through Therma Luzon (222.5 MW to 19 Luzon co-ops) and Therma Visayas (48.2 MW to 10 Visayas co-ops), it shares in the total 565.5 MW awarded via NEA-supported joint competitive selection process (CSP). Aggregation replaces separate biddings, boosting co-ops’ market leverage and supply stability. Covers key provinces across both islands. For AboitizPower, this follows its 2025 LECA deal, expanding strategic footprint. Long-term terms mitigate disruption risks, strengthening co-ops’ operations and service reliability for households.

The Department of Agriculture is backing a proposed P210-per-kilo floor price for live hogs as farmgate prices plunge to P120 to P160 in some areas, but Agriculture Secretary Francisco P. Tiu Laurel Jr. said the government has no legal authority to impose such a floor price for now.

Filipinos have never really needed an invitation to love basketball. Give us a hoop, a ball, and approximately four square meters of concrete and we will figure out the rest. There is no requirement for proper flooring, air-conditioning, seating, parking, or even a complete understanding of the rules. Someone will keep score. Someone will call a phantom foul. Someone will bend the rules to ridiculous proportions in plain sight. So when the National Basketball Association brought basketball to the Philippines once again, nobody complained. After all, Filipinos have been quite willing to make room for basketball for decades. We simply cleared a little more space.

A solar panel that works underwater sounds like the sort of thing a fish might invent after getting tired of waiting for Wi-Fi. But researchers have now shown that the idea is more than a science-fiction prop.