Tag: Philippine Deposit Insurance Corporation (PDIC)

Motorists and households will welcome a bigger price drop for gasoline this week, but diesel users face higher costs as fuel companies implement mixed changes for the third week running, the Department of Energy (DOE) confirmed Monday.

Businesses in Cebu and across the Visayas must invest in more resilient power systems as structural grid challenges are expected to persist through 2028, according to COREPLUS, a subsidiary of Vivant Energy.

San Miguel Corp. has reaffirmed its commitment to complete the new passenger terminal building at Godofredo P. Ramos Airport in Caticlan by the second quarter of 2027, Transportation Secretary Giovanni Lopez announced Monday during the EJAP Infrastructure Forum 2026.

At least eleven power generation companies have expressed intent to bid for the 900-megawatt supply contract of Manila Electric Company, signaling strong market interest and competitive prospects for the distribution utility’s long-term power requirement.