Tag: renewable energy

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Green Lane accelerates P351-billion clean energy investments

The government's Green Lane initiative is rapidly becoming the backbone of the Philippines' clean energy investment drive, with renewable energy projects accounting for virtually all of the P351.02 billion in strategic investments approved in the first half of 2026.

PH, India push closer to trade deal

The Philippines and India have taken another step toward a possible free trade agreement, using a high-level bilateral trade meeting to advance discussions on deeper economic integration and broaden cooperation in sectors ranging from renewable energy to artificial intelligence.

Chinese firms eye Philippines EV, energy expansion

The Philippines is drawing renewed investment interest from Chinese companies involved in electric vehicles (EVs), renewable energy, manufacturing and telecommunications infrastructure, according to Trade Secretary Cristina Roque.

ACEN profit rises on output recovery, one-off gains

ACEN Corp., the renewable energy arm of Ayala Group, posted consolidated net income of P2.9 billion for the first quarter of 2026, up 50 percent year-on-year, driven by higher renewable generation, improving international operations, and a series of non-recurring gains.

Nickel Asia rides price shifts, expands beyond nickel

Nickel Asia Corp. reported lower first-quarter earnings as weaker shipment volumes and global volatility weighed on results. The listed mining company, however, struck a confident tone on improving nickel fundamentals and its diversification.

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ARTA seeks ASEAN regulatory reforms to cut business costs, boost investments

The Anti-Red Tape Authority (ARTA) is calling for coordinated regulatory reforms across Southeast Asia to reduce business compliance costs, improve government efficiency and make the region more attractive to investors, as ASEAN economies face pressure to strengthen competitiveness and ease cross-border trade.

SC reminds Congress that budgeting has bounds

Congress has been reminded that the national budget is not a wish list, a political buffet, or an ATM where lawmakers can increase the withdrawal limit simply because the money looks lonely.

AFAB tightens private port regulation after SC ruling 

The Authority of the Freeport Area of Bataan (AFAB) is moving to tighten oversight of private port facilities following a Supreme Court ruling affirming its exclusive regulatory authority within the freeport and its expansion areas, as rising vessel traffic adds urgency to the implementation of a unified framework.

Hotel101 breaks into Africa with $102M Egypt deal

DoubleDragon Corp.’s Hotel101 Global Holdings Corp. is taking its Filipino hotel brand to Africa, signing a countrywide development agreement in Egypt anchored by a planned 750-room property in Cairo worth an estimated USD102.1 million.

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