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ACEN starts building 300MW solar farm in Zambales

Energy & Mining Context.ph Context.ph -
ACEN, the listed energy platform of the Ayala Group, will increase its power generation capacity with the development of a new 300-megawatt solar farm, called Palauig 2 Solar, in Zambales at a cost of P16 billion.

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PH global debt position widens  to $54.9B on lower cash reserves, market drops

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The countey’s net global debt position widened to $54.9 billion at the end of March 2026, driven by a drop in the nation's foreign cash reserves and falling global bond values, preliminary central bank data showed.

Metro Manila minimum wage jumps by record P85

Economy 0
More than 1.1 million minimum wage earners in Metro Manila will receive a record P85 daily wage increase in two tranches starting July 19, giving workers an immediate pay boost while allowing employers more time to adjust to higher labor costs.

PH, US seek broader economic ties under new envoy

Economy 0
President Ferdinand R. Marcos Jr. signaled a renewed push to deepen economic and commercial ties with the United States as he welcomed newly appointed US Ambassador Lee Lipton to Malacañang on Tuesday, underscoring that the alliance between the two countries extends well beyond security cooperation.

Meralco targets new income record; eyes gas-fired plants in VisMin

Energy & Mining 0
The Manila Electric Co. (Meralco) is confident it can exceed last year’s record net income of ₱50.57 billion, citing rising electricity demand and stronger business performance.

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