Meralco refutes overcharging claims, highlights transparency, regulatory compliance
Manila Electric Company (Meralco) firmly denied recent allegations of overcharging, emphasizing its strict compliance with the Energy Regulatory Commission (ERC) regulations.
MIC acquires stake in NGCP, enhancing government influence over power transmission
The Maharlika Investment Corporation (MIC) has secured a 20 percent stake in the National Grid Corporation of the Philippines (NGCP) through a binding agreement with Synergy Grid and Development Philippines Inc. (SGP), marking a pivotal step in the country's energy sector.
Tobacco production Up, prices down: NTA forecasts slight growth amid lower demand
The National Tobacco Administration (NTA) has projected a modest 0.4 percent increase in the country’s leaf tobacco production for 2025, reaching 45.58 million kilograms, up from 45.4 million kg in 2024.
Phinma Corp. to build affordable housing communities in Davao and Bacolod
Filipino-owned Phinma Corp. announced plans to construct affordable housing communities in Davao and Bacolod, offering low-cost homes with essential facilities.
PDEX aims to raise P600 billion in capital amid economic challenges
The Philippine Dealing and Exchange Corp. (PDEX) is poised to raise up to P600 billion in capital through its fixed-income trading platform this year, nearly double the P360 billion achieved in 2024. The projected surge comes despite ongoing geopolitical tensions and persistent inflation concerns.
