DA stands by cheap rice program for farmers despite criticism
The Department of Agriculture (DA) reaffirmed its commitment to the ₱20 per kilogram rice program for smallholder farmers, pushing forward with its nationwide expansion despite criticism that it is a stop-gap, short-term measure.
Meralco unit pushes 1,200-MW coal project in Quezon
Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), is moving forward with its 1,200-megawatt coal-fired power plant project in Atimonan, Quezon Province, assuring local officials of its economic, employment, and energy security benefits.
PhilMech, Korean partners plan agri equipment hub via ODA loan
The Philippine Center for Postharvest Development and Mechanization (PhilMech) is collaborating with South Korean entities to establish a local agricultural equipment manufacturing facility, in a move consistent with helping boost the country’s mechanization efforts.
Hann signals cautious entry into online gaming space
Integrated resort developer Hann Holdings Inc. signaled readiness to enter the Philippine online gaming market, but emphasized that full deployment will follow only after regulatory and ethical concerns are addressed.
FLI holds steady as leasing gains offset Q2 dip
Filinvest Land Inc. (FLI) reported a flat net income of ₱2.12 billion in the first half of 2025, inching up marginally from ₱2.11 billion in the same period last year, as weaker second-quarter earnings offset gains from its core leasing business.
