WESM rates dip in November on improved supply, lower demand
ELECTRICITY RATES on the Wholesale Electricity Spot Market (WESM) dipped in November as supply improved while demand fell, according to the Independent Electricity Market...
Initial EDSA rehabilitation work planned for Jan.
THE Department of Public Works and Highways (DPWH) said it hopes to begin initial work to rehabilitate Epifanio de los Santos Avenue (EDSA) by...
Senate approves 2026 budget bill on 3rd reading
THE SENATE approved the proposed P6.793-trillion national spending plan for 2026 on third reading late Tuesday, amid heightened scrutiny over the budget process following the cloud hanging over infrastructure spending and alleged budget “insertions.”
PHL 2026 growth forecast reduced to 5.1% — MUFG
ECONOMIC GROWTH is expected to pick up to 5.1% next year, which if realized would once again leave the government short of its targets,...
NFA rice auction clears up about 16,000 MT in warehouse space
THE National Food Authority (NFA) said it awarded around 315,000 bags, or nearly 16,000 metric tons (MT), of ageing rice in a public auction...
Gov’t debt rises to 57.8% of GDP in Q3 — IIF
THE Institute of International Finance (IIF) said Philippine government debt as a share of the economy was 57.8% in the third quarter.
The IIF said...
Dry-season rice, corn expected to benefit from weak La Niña
THE developing weak La Niña is expected to help increase rice and corn output during the dry cropping season, with the above-normal rains reducing irrigation costs and improving planting conditions, analysts said.
Green lane legislation seen adding momentum to clean-energy transition
LEGISLATION backing “green-lane” treatment for strategic investments will fast-track the development of clean energy projects, a member of the House of Representatives said.
Education reform, Tatak Pinoy singled out for potential to arrest PHL slide within region
THE Federation of Philippine Industries (FPI) said education reform and the Tatak Pinoy strategy hold the potential to help the Philippines keep up with...
Thales tapped to upgrade PHL air traffic management system
FRANCE’s Thales SA will upgrade the Philippines’ air traffic management system to boost capacity in the face of surging flight volumes, the Civil Aviation...
Manufacturing output picks up in October to 9-month high
FACTORY OUTPUT rose to a nine-month high in October, driven by seasonal demand, monetary policy easing and rise in exports.
Ports servicing offshore wind farms seen ready by 2027
THE first ports dedicated to servicing offshore wind farms are expected to be operational by 2027, according to the Department of Energy (DoE).
Energy Undersecretary...