"Every megawatt of domestic capacity that we bring into the grid strengthens our ability to withstand external shocks, protect consumers, and preserve system reliability," DOE Secretary Sharon Garin said in a statement.... Read full article
The Bangko Sentral ng Pilipinas (BSP) will likely maintain policy rates this year amid higher inflation projection and slow growth, BMI, a unit of Fitch Solutions, said Monday.... Read full article
The Philippines, through the Department of Finance (DOF), secured funding from the Japan International Cooperation Agency (JICA) to make travel and trade easier in the National Capital Region (NCR) and Northern Mindanao.... Read full article
An official of publicly-listed producer of oleochemicals and specialty plastics and food products on Wednesday expressed optimism for their operations this year amidst the impact of the Middle East crisis.... Read full article
Business groups on Wednesday expressed appreciation for Malacañang’s declaration of a state of national energy emergency, and the measures targeted to help cushion the impact of the Middle East conflict on the domestic economy.... Read full article
During a Senate hearing in Muñoz City, Nueva Ecija, Senator Francis Pangilinan said the ongoing energy crisis is compounding challenges in the agriculture sector, driving up costs from production to transport, and affecting food prices.... Read full article
Oil industry representatives on Thursday backed the proposed suspension of value-added tax (VAT) on petroleum products, saying it could lead to faster and more direct reductions in pump prices.... Read full article
A newly enacted law resetting the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) parliamentary elections to September 2026 is expected to strengthen peace and self-governance in the region, senators said Thursday.... Read full article
In a statement on Thursday, the DOE said the fund will be transferred to the Philippine National Oil Corp. (PNOC) and PNOC Exploration Corp. to purchase refined petroleum products, LPG supply augmentation, and domestic inventory stock building.... Read full article
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