Coal-fired power plants will continue to provide the base load upon which electrical grids in the Philippines will provide in the next forty years unless a new power source is found, the Department of Energy (DOE) said.
The Department of Energy supports a prompt lifting of the mandate suspending the payment of billions of pesos worth of electricity generated by companies...
Rice and corn production is projected to have dropped in the second quarter, with water shortage caused by El Nino reducing both yield and areas cultivated for the important grains, the latest estimates from the Philippine Statistics Authority showed.
The personal remittances of overseas Filipinos, an important source of foreign exchange for the Philippines, grew by 2.8 percent in the first four months this year to USD 12.01 billion, the Bangko Sentral ng Pilipinas reported on Monday.
Consumer sentiment in the Philippines improved at the start of 2026, but both households and businesses are growing more cautious about the months ahead, according to surveys by the Bangko Sentral ng Pilipinas (BSP). The shifting outlook highlights the delicate balance policymakers face as they weigh inflation risks against slowing economic momentum.
Motorcycle taxi riders are welcoming short-term government financial assistance as fuel prices climb, but industry leaders say lasting protection will only come through legislation that secures their livelihoods.
The Bureau of Internal Revenue (BIR) is beginning to show early results from its five-pillar reform program, Commissioner Charlito Martin Mendoza told members of the European Chamber of Commerce of the Philippines (ECCP) during a high-level dialogue held with Deloitte Philippines at Dusit Thani Manila.
The Department of Transportation (DOTr) announced that free parking will be available for passengers of the LRT-2 at Santolan Station beginning April 27, 2026.