Manila, July 3 -- The Philippines has sufficient buffers to cushion the eventual phaseout of concessional Official Development Assistance (ODA) following its upgrade to upper-middle income economy sta... Read More
Manila, June 29 -- The United States and Iran's agreement to halt retaliatory attacks ahead of peace talks in Doha, Qatar drove positive closes for both the local stock market and the peso on Monday. ... Read More
Manila, June 24 -- The Marcos administration's decision to place energy security at the center of its development agenda will help ensure long-term economic resilience and support the transition to a ... Read More
Manila, June 24 -- The continued forced outage of generating units of two major coal-fired power plants remains the main factor for the yellow alert status in the Visayas grid from 5 p.m. to 9 p.m. We... Read More
Manila, June 17 -- The yellow alert status on the Visayas grid was prolonged for Wednesday, from 3 p.m. to 9 p.m., as demand remains high but operating margin is short of the contingency requirement. ... Read More
Manila, June 16 -- The Philippine peso strengthened further against the U.S. dollar on Tuesday ahead of the expected signing of an interim peace pact between the United States and Iran on Friday, whil... Read More
Manila, June 16 -- The full implementation of the government's industrial policy measures will help strengthen the Philippine economy amid the expected reopening of the Strait of Hormuz, a business gr... Read More
Manila, June 16 -- Department of Energy (DOE) officials are hopeful for the sustained drop in fuel prices as the initial peace deal between the United States and Iran are scheduled to be signed later ... Read More
Manila, June 16 -- The Visayas grid is under yellow alert status anew on Tuesday, from 4 p.m. to 8 p.m., as four generating units of major coal-fired power plants remain unavailable, limiting capacity... Read More
Manila, June 15 -- The Visayas grid is under yellow alert status anew Monday due to the unavailability of four generating units of major coal-fired power plants and available capacity is not enough to... Read More