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BDO Unibank powers past ₱1T in green financing

BDO Unibank Inc. has surpassed ₱1.04 trillion in sustainable financing since launching its Sustainable Finance Program in 2010, marking a significant milestone in its commitment to inclusive growth, environmental responsibility, and long-term economic resilience. The bank’s financing efforts span critical sectors such as energy, infrastructure, water, transportation, and community development.

Fresh River Lakes secures ₱15-B loan facility

Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC). 

Cyclone Crising, Habagat cause ₱52.7M in farm losses

The combined impact of Tropical Cyclone Crising and the Southwest Monsoon (habagat) has caused initial agricultural damage amounting to ₱52.74 million, according to the Department of Agriculture (DA). The losses affect 2,099 farmersover 2,466 hectares, resulting in 2,147 metric tons of lost produce.

RLC to build Asia’s first pro pickleball hub in Pasig

Robinsons Land Corp. (RLC), the Gokongwei-led property giant, is investing up to ₱1 billion to develop Asia’s first tournament-grade pickleball facility — a landmark project set to elevate the regional sports infrastructure landscape.

Shrimp farm expansion near Davao Gulf faces environmental scrutiny

The Department of Environment and Natural Resources (DENR) will hold a public scoping session on 6 August 2025 for a proposed ₱500 million expansion of a shrimp farm in Sta. Cruz, Davao del Sur, led by Aqua Biological Industries Corp. (Aqua Bio).

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AboitizPower, MOELCI-I sign emergency power deal for Misamis Occidental

Therma South, Inc. (TSI), a subsidiary of Aboitiz Power Corporation, has signed a two-megawatt Emergency Power Supply Agreement (EPSA) with Misamis Occidental I Electric Cooperative, Inc. (MOELCI-I) to help ensure stable electricity supply in Oroquieta City and seven municipalities in the province.

PLDT Enterprise, SKYGO expand partnership to boost digital transformation

PLDT Enterprise is strengthening its partnership with SKYGO Marketing Corporation to support the company’s digital transformation and nationwide operations through improved connectivity, cloud-ready infrastructure, and network security.

DA plans setting P53/kilo SRP for local rice

Agriculture Secretary Francisco P. Tiu Laurel Jr. announced Tuesday that the Department of Agriculture (DA) has reached an agreement with rice industry stakeholders to set a suggested retail price (SRP) of P53 per kilo for local rice, striking a balance between farmers’ profits and consumers’ budgets.

Meralco says ERC rejects NASECORE bid to stall rate reset

Manila Electric Co. (Meralco) said its pending rate reset application before the Energy Regulatory Commission (ERC) will move forward after regulators denied a bid by consumer advocacy group National Association of Electricity Consumers for Reforms Inc. (NASECORE) to stall the proceedings.
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