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Aboitiz Power profit leaps 41% on higher energy prices, new clean energy assets

Aboitiz Power Corporation reported a 41 percent increase in core net income for the first six months of 2026, reaching P18 billion compared to P12.8 billion recorded in the same period last year. The company shared these figures in a disclosure filed with the Philippine Stock Exchange on Wednesday.

Meralco first half net income rises 3.8% to P26.5 billion even as energy sales edge lower

The Manila Electric Company, or Meralco, reported a 3.8 percent increase in its consolidated core net income for the first six months of 2026, reaching P26.5 billion from the P25.5 billion recorded in the same period last year. The company shared these figures at a briefing held on Wednesday, noting the growth came even as overall energy sales saw a slight decline.

DOE targets electricity theft to cut power bills as Meralco warns of massive losses

The Department of Energy is eyeing immediate measures to curb electricity pilferage as part of the government’s push to remove system loss charges from consumer bills, though major industry players warn the plan could carry a massive price tag.

Eala stuns Zheng, handshake steals spotlight online

For all the breathtaking rallies Alex Eala and Zheng Qinwen produced in Washington, the most replayed moment lasted about two seconds. It wasn't Eala's fearless comeback. It wasn't Zheng's unraveling. It was...the handshake.

Gov’t seeks to turn local farm goods into premium global brands

The Philippines is moving to turn its top farm and fishery goods into well-regarded global brands, as the Department of Agriculture (DA) and the Intellectual Property Office of the Philippines (IPOPHL) sign a renewed partnership to help producers earn better prices, grow local sales, and strengthen overseas shipments. Signed on Wednesday, the updated Memorandum of Understanding (MoU) revises an earlier deal from 2018 and centers on geographical indications (GIs) as a key part of the administration’s drive to build a more competitive, value-focused, and export-driven agri-fishery sector.

Just in

BIR cracks down on unregistered sabong betting systems; 297 machines, devices flagged

The Bureau of Internal Revenue (BIR) conducted simultaneous enforcement operations on 11 cockpit arenas on August 8, 2026, and found 297 betting machines, computerized betting units, servers, and other devices without the required Permit to Use (PTU) and not appearing in BIR records. These were sealed or confiscated, as warranted under existing rules.

APECO eyes defense hub on Pacific seaboard 

The Aurora Pacific Economic Zone and Freeport Authority is positioning its sprawling economic zone in Casiguran, Aurora as a potential defense-industrial hub as the Philippines strengthens strategic infrastructure along its Pacific seaboard.

DTI targets P1B sales from trade fairs

The Department of Trade and Industry is targeting more than P1 billion in sales from national trade fairs this year as it expands government-led marketplaces designed to connect Filipino micro, small, and medium enterprises with domestic and international buyers.

GSIS allocates  ₱4.4 billion in emergency loans for typhoon-hit areas 

The Government Service Insurance System (GSIS) has set aside nearly ₱4.4 billion in emergency loan assistance for 166,789 active members as well as old-age and disability pensioners across nine areas in Luzon reeling from recent typhoons and the southwest monsoon.
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