Philippines discovers ‘significant’ natural gas reserve at Malampaya East-1
PRIME ENERGY, operator of Service Contract No. 38, said it has successfully drilled the Malampaya East-1 reservoir. — COURTESY OF PRIME ENERGYBy Chloe Mari A. Hufana and Sheldeen Joy Talavera, Reporters THE PHILIPPINES has made its first major natural gas
IMF sees slower Philippine growth amid graft scandal, global shocks
SHOPPERS buy toys at a market in Quezon City, Dec. 24, 2025. — PHILIPPINE STAR/NOEL B. PABALATETHE PHILIPPINE ECONOMY may expand slower until next year as global uncertainties and the local corruption controversy continue to drag growth, the International Monetary
Foreign debt service bill falls nearly 23% at end-October
US dollar notes are seen in this undated photo. — IMAGO IMAGES VIA REUTERS CONNECTBy Katherine K. Chan, Reporter THE PHILIPPINES’ debt service on foreign loans went down by about 23% year on year at end-October as principal and interest payments
President Marcos Jr. witnesses Globe and Starlink partnership launch for universal connectivity
President Ferdinand Marcos, Jr. graces the landmark launch of Globe and Starlink’s Direct‑to‑Cell satellite service in the Philippines, a breakthrough initiative set to expand digital inclusion and ensure no Filipino is left offline. Joining him in the historic moment are
Stricter checks needed as 163 RE contracts terminated — analysts
STOCK PHOTO | Image from FreepikBy Sheldeen Joy Talavera, Reporter THE GOVERNMENT should enforce rigorous screening of energy players seeking to invest in the country’s renewable energy (RE) market to ensure project delivery, analysts said, following the mass cancellation of several
ACEN energizes 60-MW solar farm in Pangasinan
ACENRENEWABLES.COMACEN CORP., the listed energy platform of the Ayala group, is expanding its renewable energy presence in the Philippines with the energization of its P2.8-billion solar farm in San Manuel, Pangasinan. In a statement on Monday, ACEN said the 60-megawatt (MW)
ICTSI advances $800-M South Luzon Container Terminal
ICTSI.COMINTERNATIONAL CONTAINER Terminal Services, Inc. (ICTSI) is progressing with the construction of its $800-million (around P47.6-billion) South Luzon Container Terminal (SLCT) in Bauan, Batangas, which is projected to begin commercial operations by 2028. The project will be implemented in phases over