Power giant Manila Electric Co. is revving up for a historic spending cycle, lining up P272.2 billion in capital expenditures to modernize its grid, harden infrastructure, and keep pace with the country’s swelling power demand.
Energy heavyweights Manila Electric Co. (Meralco) and Aboitiz Power Corp. (AboitizPower) have joined senior US and Philippine officials in accelerating civilian nuclear cooperation, marking a decisive step in Manila’s bid to integrate nuclear energy into its power mix by 2032.
The Bureau of Customs (BOC) sustained its strong revenue momentum in June, collecting P86.07 billion and surpassing its monthly target by P2.83 billion as stronger trade flows and tighter customs enforcement continued to lift collections.
The Philippines is accelerating its transition from traditional outsourcing to higher-value digital services after President Ferdinand Marcos Jr. secured fresh investment commitments and expanded technology partnerships with Canadian companies during his official visit to Canada.
Two Aboitiz-backed companies are deepening the country's circular economy push by turning hard-to-recycle plastic waste into an industrial resource instead of landfill, highlighting how corporate partnerships can unlock both environmental and business value.