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Gymnast Carlos Yulo wins Philippines 2nd Olympic gold

Great things do come in small packages. And Filipino gymnast Carlos Yulo proved that in Paris on Saturday, winning the Philippines’ second Olympic gold and the first for gymnastics.

Less than a third of renewable energy proponents push ahead and build power plants

A fairly large number of renewable energy firms propose sending their output to the National Grid Corporation of the Philippines (NGCP) and undergo so-called system impact studies (SIS), based on end-June data at the Department of Energy (DOE).

AG&P contracted to deliver 70 MW of geothermal power in Eastern Visayas

The Philippine-headquartered Atlantic, Gulf and Pacific Company of Manila Inc. (AG&P Industrial) has ventured into the renewable energy sector and partnered exclusively with Cresphil Inc., Energy Stream Power Corp. and Royal Eijkelkamp in a project delivering geothermal power in Eastern Visayas.

President Marcos accepts resignation of DTI chief Pascual effective 2 August

Trade Secretary Alfredo Pascual has decided to quit his post to return to the private sector, Malacanan Palace announced Wednesday. The Presidential Communications Office said...

Target 1,200-MW PH power capacity requires technology larger than micro or small nuclear reactors

The Manila Electric Co. (Meralco) recently acknowledged the inadequacy of original plans to embrace either the micro or small modular reactor (MMR/SMR) concept of power generation for the Philippines over the medium term given the need to generate 1,200 megawatts more capacity by 2032.

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BSP secures conviction vs unregistered financial operators, closed bank officials

The Bangko Sentral ng Pilipinas (BSP) announced that several individuals linked to closed banks, money changing outlets, and pawnshop businesses have been convicted by various courts across the country, following BSP-led investigations and referrals for prosecution. These judgments, which include substantial fines and prison terms, underscore the regulator’s firm stance on upholding banking and financial laws, and carry significant implications for industry stakeholders and the general public.

ACMobility charging network expands as BYD sales surge 

ACMobility has captured nearly half of the Philippines’ open-access electric vehicle charging network as it rapidly expands infrastructure alongside the surging sales of Chinese EV brand BYD.

Beverage group warns P20 tax could raise drink prices

A proposed P20 increase in the excise tax on sweetened beverages could push up drink prices and put further pressure on consumers and small retailers, the Beverage Industry Association of the Philippines (BIAP) warned.

Taiwan firms target PH energy, healthcare, farm gaps

Taiwanese companies are looking to expand in the Philippines by targeting gaps in energy, healthcare, agriculture, and digital infrastructure, with 125 firms showcasing technologies at Taiwan Expo 2026 in Manila.

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