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Manila rated long on renewable energy plans, short on actual construction

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At 99,396 megawatts, the Philippines owns the largest batch of prospective wind and solar projects that have been hatched by any sovereign in southeast Asia, larger than even Vietnam's 86,218 MW, the think tank Global Energy Monitor has reported.

Migrant Filipino workers’ cash remittance in Nov at $2.7B, up 2.8%

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Filipinos working overseas sent back to the Philippines in November USD2.7 billion in cash, up 2.8 percent from the USD2.6 billion remitted in the year-earlier period, data from the Bangko Sentral ng Pilipinas said Tuesday.

Growth outlook seen quicker than 6% over three years

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The Philippines is seen growing its economy at a rate faster than six percent in terms of the gross domestic product (GDP) between this year and 2026, the financial information and analytics firm S&P Global recently reported.

GEM destinations served notice to address environmental issues or face rehab

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At the meeting convened only last week, the DENR sought the participation of local chief executives from the five GEM sites to highlight the urgency of the matter. The five GEMS include the prime tourist destinations of El Nido and Coron in Palawan; Panglao in Bohol; Puerto Galera in Oriental Mindoro; and Siargao Island in Surigao del Norte.

World Bank sees faster PH growth this year

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The World Bank projects local output growth in the Philippines accelerating by 5.8 percent this year and next, up from an estimated growth of 5.6 percent in 2023. 
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Over 1,000 Southern Leyte students join BSP-backed financial inclusion drive, 528 new accounts opened

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More than 1,000 students took part in an onboarding event for the Youth Financial Inclusion Initiative held on 20 August 2026 at Southern Leyte State University in Sogod, Southern Leyte, where 528 transaction accounts were successfully opened. Led by Visayas-based Youth Financial Inclusion Ambassadors in collaboration with the Bangko Sentral ng Pilipinas, this marked the second account-opening drive in the region under the Youth Financial Inclusion Ambassadors Program, building on the inaugural August 2025 activity that registered 551 new accounts at the same institution.

Megaworld targets 12,000 hotel rooms by 2032

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Megaworld is accelerating its hospitality expansion, targeting nearly 12,000 hotel rooms by 2032 as it moves deeper into some of the Philippines’ fastest-growing tourism destinations, including Palawan and Ilocos Norte.

MPower Powers Big Ben Group’s Bulacan facilities in new alliance 

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MPower, the retail electricity supplier of Meralco led by Manuel V. Pangilinan, has officially partnered with Big Ben Group to provide stable, cost‑effective power to the company’s manufacturing facilities in Pulilan, Bulacan.

PLDT Enterprise deploys Starlink for Mindanao quake recovery

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PLDT Enterprise, together with PLDT and Smart, has deployed Starlink satellite connectivity to restore critical communications after the powerful earthquake in parts of Mindanao. Teams were immediately sent to General Santos City and South Cotabato to assess networks and support restoration in coordination with the DICT and local governments. Most facilities remained stable, with disruptions driven mainly by power outages; Starlink was rolled out at key sites including Malungon and Alabel Sarangani Provincial Hospitals, and response command centers. PLDT COO Menardo “Butch” G. Jimenez Jr. noted connectivity lets people reach loved ones and supports rebuilding, while PLDT Enterprise SVP Blums Pineda said the group aims to be first responders for responders to speed recovery. The companies stand ready to support communities through rebuilding.

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