Tag: Philippine Open Finance Pilot

The scoreboard says 90-73. The game, for long stretches, said otherwise.

Transportation Secretary Giovanni Lopez is urging Congress to allocate P5 billion for a 2027 fuel subsidy program, saying the funding was left out of the Department of Budget and Management’s proposed National Expenditure Program even as public utility vehicle drivers and operators continue to face high fuel costs.

Over 103,000 people across all 17 regions joined this year’s International Coastal Cleanup, collecting more than 466,000 kg of waste from 369 coastal, river and underwater sites. Turnout and recovery nearly matched 2025 levels, reflecting steady public backing for marine litter prevention and sound waste management.

Aboitiz Power Corporation has secured 15-year baseload power supply agreements with the Luzon and Visayas Electric Cooperatives Aggregation (LVECA). Through Therma Luzon (222.5 MW to 19 Luzon co-ops) and Therma Visayas (48.2 MW to 10 Visayas co-ops), it shares in the total 565.5 MW awarded via NEA-supported joint competitive selection process (CSP). Aggregation replaces separate biddings, boosting co-ops’ market leverage and supply stability. Covers key provinces across both islands. For AboitizPower, this follows its 2025 LECA deal, expanding strategic footprint. Long-term terms mitigate disruption risks, strengthening co-ops’ operations and service reliability for households.