Tag: Palawan oil and gas project

Philippine Airlines (PAL) announced Thursday it has canceled two scheduled flights between Manila and Riyadh amid a worsening security situation in the Middle East.

Now you see the money. Now you don’t. And if Senator-Judge Vicente “Tito” Sotto III has the metaphor right, the money does not exactly disappear. It dances.

The country’s cushion against global financial instability narrowed at the end of September 2026, with the nation's foreign exchange reserves slipping to $100 billion.

Manila Electric Co., the country’s largest power distributor by sales with a renewable energy portfolio, is betting that the Philippines’ energy transition will require more than a rapid shift to renewables—it will demand a careful balancing act between decarbonization, power reliability, and affordability.