Japan grants ¥1.7B grant for high-tech rice hub in Isabela
The Department of Agriculture (DA) and the Japan International Cooperation Agency have signed a ¥1.7-billion grant to build a modern rice processing system in Isabela province to strengthen government rice buffer stocks.
AUB profit soars on lending, digital expansion
Asia United Bank posted a record 12 percent rise in net income to P12.7 billion in 2025, driven by a stronger commercial lending portfolio and improved operational efficiency.
OF remittances hit record high in 2025
Cash sent home by overseas Filipinos reached a new record in 2025, providing a steady lift to the Philippine economy and to millions of households that depend on support from family members abroad.
First Gen buys into Prime Infrastructure hydropower projects in P75B deal
First Gen Corp., controlled by the Lopez family, is acquiring a 40 percent equity stake in pumped storage hydropower portfolio Prime Infrastructure Capital Inc., part of billionaire Enrique Razon Jr.’s infrastructure venture, for P75 billion.
Semirara contract to go under the hammer as DOJ rejects renewal
The Department of Energy (DOE) is starting preparations this year for the public bidding of the coal mining rights on Semirara Island, as the contract held by Semirara Mining and Power Corp. (SMPC) expires in July next year.
