Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge.
The Department of Energy (DOE) said the Asian Development Bank (ADB) has recognized the Philippines as one of the leading countries in the Asia-Pacific region in responding to global fuel market disruptions linked to tensions in the Middle East.
Global-Estate Resorts, Inc. (GERI), the tourism and leisure township arm of listed property developer Megaworld Corp., is set to turn over about P11 billion worth of residential and commercial projects this year, underscoring sustained demand for integrated estates outside Metro Manila as property growth continues shifting toward provincial hubs.
The Philippines maintained a strong external financial buffer as gross international reserves (GIR) settled at USD104.1 billion as of end-April 2026, giving the country ample protection against global market volatility, rising import costs and external debt pressures.