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Japan extends the Philippines another quick-disbursing ODA loan

Japan has signed a new loan worth 30 billion yen or P11.8 billion in local currency to help the Philippines deal with the disruptive...

Japan’s R&I signals sovereign credit boost

Japan’s Rating and Investment Information Inc. (R&I) has affirmed the country’s credit stature as a triple B or BBB-rated sovereign but whose outlook has...

Moody’s unit projects slower 2Q expansion of only 6% in latest forecast

Moody’s Analytics, the data analysis and financial intelligence arm of the sovereign credit watcher Moody’s Investors Service, forecasts a moderate expansion of the economy...

TransCo seeks 2.3 times the FIT-All rate starting next year

The National Transmission Corp. (TransCo) has asked the Energy Regulatory Commission (ERC) for an increase in the 2024 feed-in-tariff allowance (FIT-All) to P0.0867 per...

Phl, EU begin FTA scoping process; GSP+ extended until 2027

The Philippines and the European Union (EU) have announced their intention to explore the re-launch of negotiations for a new free trade agreement (FTA). The...

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Cebu Pacific opens one-stop service center for OFWs at MCIA Terminal 2

Cebu Pacific (CEB) has launched the new OFW Facilitation Center at Mactan-Cebu International Airport (MCIA) Terminal 2, aimed at making essential travel and government services easier to access for overseas Filipino workers before departure and upon arrival.

MORE’s modernized power grid saves Iloilo from massive outages

Iloilo's modernized power grid may have spared the city the worst of a two-month wave of Visayas outages, a new economic report suggests. 

ERC reforms seek to spur next investment wave

The Energy Regulatory Commission (ERC) is rolling out regulatory reforms aimed at unlocking fresh investments in the power sector, easing grid bottlenecks, and accelerating the Philippines' shift toward renewable energy as electricity demand continues to climb.

NKTI expansion targets regional lead in dialysis care

The National Kidney and Transplant Institute (NKTI) is on track to become Southeast Asia's largest dialysis center after President Ferdinand R. Marcos Jr. ordered the accelerated completion of its new 13-story Hemodialysis Building, a project aimed at expanding access to specialized kidney care amid the country's growing burden of chronic kidney disease (CKD).

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