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.
Far Eastern University (FEU) said that its board of trustees has approved setting aside P733.7 million from retained earnings to fund capital expenditures and expansion initiatives.
Clark is positioning itself as a prime hub for high-technology industries, leveraging its existing semiconductor, logistics, and advanced manufacturing ecosystems, the Clark Development Corp. (CDC) said.
The Philippines and the US are accelerating economic and trade cooperation, with initiatives that could generate up to one million jobs for Filipinos, the Presidential Communications Office (PCO) said.
Central Luzon is gaining momentum as the country’s next major manufacturing hub, with industrial investors increasingly drawn to locations backed by reliable power infrastructure and integrated utilities.