News

WINNING BIDDERS of the third round of green energy auction (GEA-3), which attracted over 7,500 megawatts (MW) worth of bids, are set to be announced next week, the Department of Energy (DoE) said.
POWER prices on the Wholesale Electricity Spot Market (WESM) fell in May as supply growth outpaced that of demand, the Independent Electricity Market Operator of the Philippines (IEMOP) said.  IEMOP ...
E-COMMERCE platform Lazada Philippines plans to invest at least P2 billion to expand its footprint in Mindanao, with the goal of making goods cheaper for consumers.
THE PHILIPPINES is looking to access an initial $100 million for the first tranche of the Geothermal Resource De-Risking Facility managed by the Asian Development Bank (ADB), the Department of Energy ...
THE Department of Agriculture (DA) said on Tuesday it will supply the Department of Social Welfare and Development (DSWD) with 490,000 sacks of rice for its feeding program and relief operations. The ...
GROWTH in wholesale prices accelerated to a 16-month high of 4% in April, the Philippine Statistics Authority (PSA) said in a report. Citing preliminary data, the PSA said the general wholesale price ...
PHILIPPINE SHARES climbed for a second straight day on Tuesday as expectations of cooling inflation boosted investor sentiment. The bellwether Philippine Stock Exchange index (PSEi) rose by 0.94% or ...
THE PESO slipped against the dollar on Tuesday as markets monitored developments in the trade war between the United States and China. The local unit closed at P55.721 per dollar, weakening by 2.1 ...
THE PHILIPPINE and Australian armies held joint combat exercises in the southern Philippines last week, bolstering military cooperation between the nations as tensions persist in the contested South ...