Economy

THE Department of Energy (DoE) said it has launched a knowledge-sharing program with South Korea on clean energy. In a statement on Sunday, the DoE said its 2024/25 knowledge sharing…

THE Department of Trade and Industry (DTI) said it hopes to release a jobs blueprint for the wholesale and retail trade industry by midyear. “We need to finalize it because…

Second of two parts IN BRIEF: • With consumers still adapting to recent sharp rises in the cost of living, regulators’ focus on ensuring financial resilience and good consumer outcomes…

MAHARLIKA Investment Corp. (MIC) President and Chief Executive Officer Rafael D. Consing, Jr. said Makilala Mining Co.’s sustainability plan was instrumental in winning approval for its $76.4-million loan from the…

THE Department of Transportation (DoTr) said it created a dedicated office to oversee and ensure the implementation of big-ticket transportation projects. In a statement on Thursday, Transportation Secretary Vivencio B.…

THE Bangko Sentral ng Pilipinas (BSP) draft rules to prohibit association of digital marketplaces with online casinos could dampen the growth of the booming electronic gaming sector, the Philippine Amusement…

THE Board of Investments (BoI) said it has endorsed for expedited permit processing Vena Energy’s P75-billion wind and solar projects. “With a combined investment of approximately P75 billion, these projects…

THE Philippine Economic Zone Authority (PEZA) said it is evaluating an application to register a General Santos City economic zone filed by Alsons Group. In a Facebook post, PEZA Director…

KOREA ELECTRIC Power Corp. (KEPCO) remains interested in participating in Philippine renewable energy (RE), smart grid, and nuclear energy projects, the Department of Energy (DoE) said. In a statement on…

AT LEAST FOUR more major electricity users are switching providers within the first half under the expanded Retail Aggregation Program (RAP), the Energy Regulatory Commission (ERC) said. ERC Chairperson and…