Tag: Philippine economy

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, 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.

Stakeholders including the Philippine Nickel Industry Association (PNIA) and the Department of Finance (DOF) have voiced strong optimism over the transformative economic promise of Executive Order (EO) 122, signed by President Ferdinand Marcos Jr. to establish a national framework for critical minerals.

The Philippines is moving beyond reliance on public funds and grants for forest restoration, laying down clear frameworks to draw sustained private sector investment into nature-based solutions and build a robust, investable forest carbon market.