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.
Acwa Power Philippines and Emerging Power Inc. (EPI), the power generation unit of Nickel Asia Corp., have signed a deal to jointly develop up to 5,000 megawatts of renewable energy and natural gas-fired power facilities across the country.
The Philippines has dispatched its first-ever commercial batch of fresh Carabao mangoes to Toronto, Canada, according to the Department of Agriculture (DA).
The Batangas Integrated Port (BIP), operated by Asian Terminals Inc. (ATI) in partnership with DP World, generated an estimated USD27.8 million in economic output and supported 2,340 jobs across the Philippines in 2024, underscoring the growing role of regional ports in driving trade and economic activity.
The Civil Aviation Authority of the Philippines (CAAP) confirmed on Thursday that AirAsia Philippines has fully paid its outstanding obligations amounting to P271.94 million, resolving a matter that previously put the airline at risk of being shut down.