Meralco secures P75B credit line for energy expansion
The Manila Electric Co. (Meralco) has secured a P75 billion credit facility to finance key investments, including the acquisition of energy assets and other corporate initiatives.
ERC defers decision on universal charge hike, raising uncertainty for consumers
The Energy Regulatory Commission (ERC) has postponed its decision on several proposed rate hikes for the universal charge for missionary electrification (UCME), which funds off-grid power plants across the Philippines.
U.S. FDA takes coconut off allergen list, boosting PH export potential
The U.S. Food and Drug Administration (FDA) has officially excluded coconuts from its classification of tree nuts, a decision expected to open up new commercial opportunities for Philippine coconut products.
Meat imports surge in 2024, reflecting shifting consumer demand and economic impact
The country's meat imports posted a significant increase in 2024, reflecting growing demand and shifts in consumer preference, according to data from the Bureau of Animal Industry (BAI). From January to November 2024, the Philippines imported 1.33 billion kilograms of meat, marking a 19.4 percent rise from the 1.12 billion kilograms imported in the same period of 2023.
A. Brown Co. Inc. investing P2.5 billion in Misamis Oriental development
A. Brown Co. Inc. on /tuesday announced a P2.5 billion investment in a joint venture with the provincial government of Misamis Oriental to develop a mixed-use complex in the province's capital. The project is set to include office spaces, commercial buildings, a dormitory, a public park, and essential infrastructure, with construction divided into four phases.
