MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...

My take on the development experience of nations is that all progress boils down to investment — specifically on the share of income that the nation sets aside for investment or what is called the ...

YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has secured approval from the Department of Energy (DoE) to begin permit processing for a proposed ground-mounted solar power project in Capiz province ...

SM PRIME Holdings, Inc.’s retail arm SM Supermalls has opened a Government Services Express (GSE) center at SM Center San Pedro in partnership with the San Pedro, Laguna city government, expanding ...

Under the Anti-Money Laundering Act (AMLA), those classified as covered persons are mandated to report to the Anti-Money Laundering Council (AMLC) all covered transactions and suspicious transactions ...

GREEN CORE Geothermal, Inc. (GCGI), a subsidiary of Energy Development Corp. (EDC), is planning a P3.02-billion expansion of its 112.5-megawatt (MW) Palinpinon 1 Geothermal Power Plant Project in ...

BUSINESSES in four major destinations are complaining that unreliable power is costing them up to hundreds of thousands of pesos a day, according to ILAW, a non-government organization representing ...

THE Philippine fish catch is declining by an average of 45,000 metric tons (MT) each year due to overfishing, illegal fishing, and weak enforcement of fisheries law, according to Oceana Philippines.

A few weeks ago, President Ferdinand R. Marcos, Jr. issued Proclamation No. 818 declaring May as Ease of Doing Business Month. Although primarily ceremonial, the move strategically emphasizes ...

S&P GLOBAL RATINGS revised the Philippines’ credit outlook to “stable” from “positive,” citing risks to the country’s external and fiscal position from surging energy prices due to the Middle East ...

HEADLINE INFLATION could surge past 8% this year if the Middle East conflict remains unresolved, which could push the Monetary Board to hike policy rates to up to 6%, the Hongkong and Shanghai Banking ...

THE government’s plan to expand palm oil production in Mindanao must not come at the expense of the coconut industry or the environment, industry leaders said. Danilo V. Fausto, president of the ...