Electricity prices in the Philippines could fall below ₱1 per kilowatt-hour (kWh) by 2050 if all renewable energy (RE) projects under the Department of Energy’s (DOE) Green Energy Auction (GEA) Program are fully implemented, according to DOE undersecretary Rowena Cristina Guevara.
San Miguel Corp. (SMC) has ramped up its reforestation efforts through its employee volunteer initiative, planting or donating a total of 98,296 tree seedlings across the Philippines.
Pru Life UK and the Prudence Foundation, in collaboration with the Department of Education (DepEd) and Junior Achievement (JA) Philippines, announced the expansion of the Cha-Ching financial literacy program across the National Capital Region (NCR) and its full integration into the Bicol Region’s basic education curriculum—a national first.
Philippine Bank of Communications (PBCom) said its board has approved a cash dividend of P1.00 per share—its first dividend declaration since a stock dividend in September 1997—highlighting significant improvements in the bank’s financial position.