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Stable power assured for summer and elections, but risks of shortfalls remain

The Department of Energy (DOE) has assured the public that power supply during the summer months and upcoming elections remains stable.

MPower renews supply deal with Toyota

Manila Electric Co retail arm MPower has renewed its supply agreement with Toyota Aisin Philippines Inc. (TAP) for the energy needs of its manufacturing plant in Sta. Rosa, Laguna.

BSP projects moderate March inflation, highlighting economic stability

The Bangko Sentral ng Pilipinas (BSP) has forecast March 2025 inflation to range between 1.7 percent and 2.5 percent, signaling a balanced outlook despite pressures from certain key commodities.

SMDC’s 5% down payment offer spurs industry sales surge

SM Development Corp. (SMDC), the condominium development arm of SM Prime Holdings, has launched a program allowing buyers of ready-for-occupancy units to move in with just a 5 percent down payment.

SEC eases investment limit for equity, balanced, and multi-asset funds

The Securities and Exchange Commission (SEC) has announced a significant easing of the single business group (SBG) investment limit for equity, balanced, and multi-asset funds with actual exposure to equity securities.

Just in

Megawide posts strong Q1 earnings amid crisis

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.

Global Ferronickel profits surge amid nickel tightness

Global Ferronickel Holdings Inc. posted sharply higher first-quarter earnings as stronger nickel ore prices and increased shipment volumes boosted profitability despite rising operating costs.

Paraguay eyes free trade deal with Philippines

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.

Thai firm’s coconut plant spurs jobs, exports

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.
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