Tag: Philippine Space Agency

Competition watchdogs are stepping up scrutiny of the Philippines’ retail electricity market after a new study found that market concentration, customer inertia, and structural barriers continue to limit competition despite ongoing power sector reforms.

The Government Service Insurance System (GSIS) has allocated ₱15.1 billion in emergency assistance for over 608,000 members and pensioners affected by the magnitude 7.8 earthquake in Mindanao, president and general manager Wick Veloso announced.

Local renewable energy firm Raslag Corp. has obtained a Certificate of Compliance from the Energy Regulatory Commission for its 36.646-megawatt solar facility in Magalang, Pampanga. Though it began operating in October 2024, the COC formally registers the plant and confirms it meets all regulatory requirements, granting it associated rights and privileges.

The government is ramping up its push to bring more Philippine food products to Asian consumers, with the Department of Trade and Industry (DTI) rolling out a coordinated export drive in South Korea, Singapore, and Thailand to widen market access and elevate the profile of Filipino food brands abroad.