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CREC posts 11% net income expansion reaching P1B in 2024

Citicore Renewable Energy Corp. (CREC) has announced an 11 percent year-on-year growth in net income, reaching P1 billion in 2024, up from P910 million in 2023.

Aboitiz InfraCapital prepares for handover of Laguindingan Airport 

Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, is set to take over the facilities, buildings, and land of Laguindingan International Airport in a phased handover process within April.

Surge in copra prices bedevil coconut industry

The Philippine Coconut Authority (PCA) is taking swift action in response to the soaring price of copra, cooking oil, and other coconut-based products, which have escalated since mid-2024.

Meralco signals higher electricity rates in April

Manila Electric Co. (Meralco) has warned of potential increases in electricity rates for its customers this April, citing higher generation and transmission charges as primary factors driving up costs.

BPI pioneers retail aggregation program, boosting energy market potential

The Bank of the Philippine Islands (BPI) has become the country's first bank to adopt the Energy Regulatory Commission's (ERC) Retail Aggregation Program (RAP), a development that highlights the economic potential of the retail electricity market.

Just in

Agri group urges rejection of proposed nutrient model over food security fears

The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is asking President Marcos Jr. to reject the 2026 Philippine Nutrient Profile Model (PNPM) proposed by the Department of Health.

DA files complaint over P94M ‘ghost’ road projects in Davao Occidental

The Department of Agriculture (DA) has filed formal complaints with the Ombudsman against Department of Public Works and Highways (DPWH) officials and private contractors over eight alleged "ghost" Farm-to-Market Road (FMR) projects in Davao Occidental worth around P94 million. These projects, meant to help farmers, were reportedly paid in full but never built.

BPI Foundation, Knowledge Channel team up to bring financial literacy to public schools

In a major move to equip young Filipinos with vital money management skills, BPI Foundation, Inc. (BPIF) has partnered with Knowledge Channel Foundation, Inc. (KCFI) to deliver specialized financial education content and learning materials to public schools across the country.

SEC sets 10-year term limit for broker-directors at PSE

The Securities and Exchange Commission (SEC) has established a 10-year cumulative service limit for broker directors at the Philippine Stock Exchange and similar exchanges, aiming to boost governance, ensure fair representation, and match global regulatory standards.
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