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Philippines News

Education;Investments & Funding

World Bank approves $600 million for Philippines basic education learning reform

The World Bank has approved $600 million for the Philippines' Project for Learning Upgrade Support and Decentralization to improve literacy and numeracy outcomes for 21 million K-10 students. The programme targets learning poverty, where 91% of 10-year-olds cannot read age-appropriate texts, through teacher training, materials, and decentralised school grants.

Philippines | 1 week ago

Railways & Metro

Taisei-D.M. Consunji JV wins ₱ 16.06 billion Naia Underground Station contract under New Philippine right-of-way law

A joint venture of Japan's Taisei Corp. and D.M. Consunji Inc. has secured a ₱16.06 billion contract to build an underground station at NAIA Terminal 3 and connecting tunnels. The award falls under the $488 billion Manila Subway project, accelerated by the ARROW Act addressing right-of-way delays.

1 week ago • Philippines

Mergers & Acquisitions

TotalEnergies and Masdar consolidate Asia renewables pipeline through USD 2.2 billion JV platform

TotalEnergies and Masdar have agreed to combine their onshore renewable assets across Asia into a USD 2.2 billion joint venture, creating a scaled platform to capture rising electricity demand and accelerate project deployment across multiple high-growth markets.

2 weeks ago • Azerbaijan;Indonesia;Japan;Kazakhstan;Korea (South);Malaysia;Philippines;Singapore;Uzbekistan

Climate & ESG

DBP approves P2 billion flood control financing for Kabankalan City

The Development Bank of the Philippines has signed a P2 billion loan agreement with Kabankalan City to fund flood mitigation infrastructure under its ASENSO financing program. The package includes three term loans with tenors of five, ten, and fifteen years, covering climate adaptation and disaster resiliency projects.

2 weeks ago • Philippines

Renewable Energy

Repower Energy brings 18.2 MW Pulangi plant online under Philippines FIT-4 regime

Repower Energy Development Corp. has commissioned its first Mindanao-based run-of-river hydropower facility, qualifying under the Philippines’ fourth feed-in tariff round. The PHP 4 billion project strengthens renewable capacity in Bukidnon and secures long-term tariff support at a preliminary rate of PHP 6.38 per kWh.

2 months ago • Philippines

Latest News

Energy & Power | 2 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 3 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 3 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 3 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.