Vantage Energy, the retail electricity supply arm of Meralco, has signed a Retail Electricity Supply Agreement (RESA) with the Gokongwei Group to power 35 of its key properties nationwide.
President Ferdinand Marcos Jr. led an agriculture event in Nueva Ecija on Monday, honoring 43 outstanding farmers and stakeholders at the 50th Gawad Saka Awards, while turning over P95.1 million worth of farm machinery to local rice farmers.
The Philippines is forecast to post balance of payments (BOP) deficits equal to around 1 percent of local output, measured as the gross domestic product (GDP) in both 2025 and 2026, reflecting persistent external currency outflows that exceed inflows.
Globe Telecom on Monday reported fully migrating over 600 towns nationwide to fiber-only connectivity, marking a major milestone in its network modernization and sustainability goals. The shift eliminates copper infrastructure, delivering faster, more reliable broadband tailored for digital lifestyles—from remote work and online learning to supporting small businesses and government services.
Inflation in the Philippines, which has plumbed a record low in more than five years of 1.3 percent in May, is projected to inch up at the upcoming June price survey, analysts at Moody’s Analytics said on Monday.
Megawide Construction Corp. posted a consolidated net income of P265 million in the first three months of 2026, an increase of 26 percent from the year-earlier period amid the onset of the Middle East crisis.
Paraguay is seeking closer economic ties with the Philippines, including a potential free trade agreement (FTA), as the South American nation positions itself as a gateway to a regional market of roughly 300 million people, Trade Secretary Cristina Roque said.
A new large-scale coconut processing facility by Thailand-based Thai World Group is set to bolster the Philippines’ role as a major global supplier of value-added coconut products, while generating employment and investment in Northern Mindanao.