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P200-B solar project for delivery in 2026 requires foreign equity participation

SP New Energy Corp. (SPNEC) counts of foreign partners to help it raise the estimated P200 billion, roughly USD3.5 billion, needed to bring the...

Engine displacement makes all the difference for Taiwan’s battery-swapping Gogoro scooters

Gogoro Philippines, the local unit of the Taiwan-based mobility company distinguished by its battery-swapping electric scooters, said its units are exempt from the recent Metro Manila Development Authority (MMDA mandate banning a broad range of e-vehicles from the streets of Metro Manila.

Pro commuter lawyer group fears Grab Ph out to monopolize the motorcycle taxi business

A group of lawyers claiming to advance the interest of commuters surfaced on Friday to denounce the bid by Grab Philippines to have itself listed as fourth participant in the ongoing motorcycle taxi program.

Substantial job generation resulted from easing foreign ownership of renewable energy projects

Some 1.5 million new jobs were seen created as a result of adjustments allowing full foreign ownership of enterprises in the renewable energy sector using 2022 data, Department of Energy (DOE) officials told legislators inquiring into the wisdom of relaxing the economic provisions in the Constitution on Thursday.

TWG allows Grab Ph entry in ongoing motorcycle taxi pilot program

The Motorcycle Taxi Technical Working Group, earlier reported to have serious doubts on the practical inclusion of Grab Philippines in the ongoing pilot testing of the service in cities around the country, has issued a clarification saying the ride-hailing super-app had been part of the program all along and had in fact been informed of its inclusion just days before Christmas last year.

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Acwa, Nickel Asia power arm pursue 5,000 MW RE, gas projects in PH

Acwa Power Philippines and Emerging Power Inc. (EPI), the power generation unit of Nickel Asia Corp., have signed a deal to jointly develop up to 5,000 megawatts of renewable energy and natural gas-fired power facilities across the country.

PH sends first commercial carabao mango shipment to Toronto

The Philippines has dispatched its first-ever commercial batch of fresh Carabao mangoes to Toronto, Canada, according to the Department of Agriculture (DA).

Batangas Port delivers $28M economic boost

The Batangas Integrated Port (BIP), operated by Asian Terminals Inc. (ATI) in partnership with DP World, generated an estimated USD27.8 million in economic output and supported 2,340 jobs across the Philippines in 2024, underscoring the growing role of regional ports in driving trade and economic activity.

AirAsia averts grounding: P271.94 million debt paid just in time

The Civil Aviation Authority of the Philippines (CAAP) confirmed on Thursday that AirAsia Philippines has fully paid its outstanding obligations amounting to P271.94 million, resolving a matter that previously put the airline at risk of being shut down.

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