The Energy Regulatory Commission (ERC) has approved the final reserve price structure under the fourth round of the Green Energy Auction Program (GEA4), setting the policy framework for the competitive bidding of over 10,000 megawatts (MW) of renewable energy capacity.
The Securities and Exchange Commission (SEC) has approved Aboitiz Power Corp.’s shelf registration for up to P100 billion in fixed-rate bonds over three years, the company said following the SEC's en banc approval.
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) is urging clients to adopt a conservative investment strategy focused on short-term, low-risk instruments such as government securities, citing current economic uncertainty and high yield levels.
The Philippine National Railways (PNR) has completed the restoration of the Binahan Bridge in Ragay, Camarines Sur, nearly two months after Typhoon Kristine caused extensive damage. The bridge's repair is a key milestone in the broader effort to rehabilitate and expand rail services across Southern Luzon.