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Day: October 28, 2025

Derisking Facility for Geothermal Energy Projects Set for December 2025

Manila: Energy Secretary Sharon Garin on Tuesday expressed optimism that the derisking facility eyed for geothermal energy projects will be in place by December 2025 to encourage more investments and boost capacity. In a media briefing on the sidelines of the Singapore International Energy Week, Garin said they are ‘wrapping up the agreement’ with Landbank of the Philippines for the facility, but she declined to give any amount. According to Philippines News Agency, the derisking facility will be managed by the Asian Development Bank (ADB), with the loan amounting to around USD250 million. The funding will be used to help

Baguio City Seizes Lead with Archery Golds in Batang Pinoy

Manila: Baguio City collected 10 gold medals in archery on Tuesday to wrest the overall lead in the Batang Pinoy National Championships here. Jianna Rae Delos Reyes (girls’ 12 years old compound) and Jeptha Caleb Fernandez (boys’ 14 years old compound) delivered three golds each at the Notre Dame of Dadiangas University. Also winning their respective events were Jalorrae Cxethreen Lictao, Jan Precious Laking, Kester RJ Delos Reyes, and Ryzen Keith Viduya. According to Philippines News Agency, as of 5:30 p.m., the four-time champion Baguio City has amassed 23 golds, 10 silvers, and 14 bronzes to dislodge Manila, which skidded

Philippines Seeks to Redefine Relationship with China Amid Maritime Disputes

Manila: President Ferdinand R. Marcos Jr. announced that the Philippines is actively working to redefine its relationship with China, aiming to balance cooperation between the two countries while maintaining its sovereignty in the West Philippine Sea. Marcos expressed his views during a Kapihan media briefing, emphasizing the importance of evolving the bilateral relationship with China. According to Philippines News Agency, President Marcos highlighted that despite the ongoing maritime disputes, there remains a significant potential for trade and other forms of cooperation between the Philippines and China. He stated, “I continue to find ways to redefine our relationship with China. I