In the early hours of Thursday in Manila (9 p.m. Wednesday in Rome), the College of Cardinals cast their first vote to choose the 267th Pope, but black smoke from the Sistine Chapel chimney signaled no decision yet.
Outstanding Philippine government debt ticked up slightly to P16.684 trillion by end-March 2025, a 0.31 percent month-on-month increase, signaling stability rather than strain.
The country's gross international reserves (GIR) stood at USD104.6 billion as of end-April 2025, down from USD106.7 billion at the end of March, according to preliminary data released by the Bangko Sentral ng Pilipinas (BSP).
ACEN Corp. said Wednesday that Mitsubishi Corp. and its subsidiary Diamond Generating Asia (DGA) have joined forces with GenZero and Keppel Ltd. to explore a pioneering transition credits mechanism aimed at accelerating the retirement of the 246 MW South Luzon Thermal Energy Corp (SLTEC) coal-fired power plant in Batangas, Philippines.
