The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday approved a P1 provisional fare hike for modern and traditional public utility jeepneys (PUJs) nationwide starting October 8 this year.
Yields on Philippine treasury bills (T-bills) were higher at the auction Monday as the market worries over further acceleration in inflation could force the Bangko Sentral ng Pilipinas to resume its aggressive tightening of monetary policy.
Cebu Air Inc. on Thursday bared plans to order narrow body aircraft from US aircraft manufacturer Boeing as part of its risk management options and to "diversify risk" in the wake of issues arising from Pratt and Whitney (P&W) engines.
The government, through sovereign wealth fund Maharlika Investment Corp., is looking to acquire at least one board seat in the National Grid Corp. of the Philippines, operator of the country’s national electricity transmission highway, House Speaker Ferdinand Martin Romualdez said.
The resignation of Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta has sparked serious concerns across the Philippine energy sector, with key groups warning of a destabilizing leadership vacuum at a critical regulatory agency.
Aboitiz Power Corp. subsidiary East Asia Utilities Corp. (EAUC) is set to develop a 30-megawatt hybrid battery energy storage system (BESS) at the Mactan Economic Zone, targeting completion by the first half of 2026.
PetroEnergy Resources Corp. (PERC) announced that its 27.121 MW Dagohoy solar power plant in Bohol has officially commenced commercial operations as of Wednesday, 16 July 2025.
The red-striped soft scale insect (RSSI) infestation in the Visayas has sharply worsened, now affecting 2,923.13 hectares and impacting 1,574 farmers as of 9 July, according to the Sugar Regulatory Administration (SRA).