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 Tuesday it is closely monitoring two active drilling sites in Palawan’s Malampaya natural gas field. Initial results from the wells are expected by the end of the quarter.
ACEN Corp. will spend more than ₱80 billion in capital expenditures (capex) in 2026 as it aims to grow its total power generation capacity to over 8,000 megawatts (MW), covering both operational and under-construction projects by year-end.
The Philippine Stock Exchange index (PSEi) may climb back to the 7,000-point level in 2026, a milestone seen as catching up with regional markets. Investment and Capital Corporation of the Philippines (ICCP) CEO Manny Ocampo said lower interest rates should boost consumer spending, which in turn supports overall market sentiment.