Tuesday, 13 January 2026, 12:34 am

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    Marcos names Charlito Mendoza as new BIR chief

    President Ferdinand R. Marcos Jr. has appointed Finance Undersecretary Charlito Martin Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR), replacing Romeo Lumagui Jr., who led the agency for three years.

    DMCI Power plans to double coal plant capacity in Palawan

    DMCI Power Corp. is planning to expand its coal-biomass power plant in Narra, Palawan, doubling its current 15-megawatt (MW) capacity by adding 15 MW.

    FMR construction costs seen dropping 20% under DA auspices

    Agriculture Secretary Francisco Tiu Laurel Jr. said the Department of Agriculture (DA) expects to cut construction costs by up to 20 percent when it assumes responsibility for building farm-to-market roads (FMRs) from the Department of Public Works and Highways (DPWH) starting next year.

    Cebu Pacific launches Piso Sale for 2026 travel

    Cebu Pacific (CEB) has launched its popular Piso Sale, giving travelers a chance to book flights for as low as ₱1 one-way base fare (excluding fees and surcharges) until November 15.

    DITO, InfiniVAN tandem seen boosting network resilience

    DITO Telecommunity Corp. has signed a Master Facilities Provisioning Agreement (MFPA) with InfiniVAN, Inc. to boost the country’s digital infrastructure through improved network resilience, wider coverage, and increased capacity.

    Just in

    Foreign capital finds firm Philippine foothold

    Foreign direct investments into the Philippines picked up pace in October 2025, posting net inflows of USD642 million and lifting year-to-date totals to USD6.2 billion, signaling sustained investor interest despite a mixed global backdrop.

    DA greenlights raw sugar export amid falling local prices

    The Department of Agriculture (DA) has approved a plan by the Sugar Regulatory Administration (SRA) to export 100,000 metric tons of raw sugar to the United States, aiming to reduce excess local supply and support falling prices.

    Fuel prices to rise Tuesday

    Local fuel retailers will raise prices on Tuesday morning, with gasoline and kerosene going up by P0.30 per liter and diesel by P0.20 per liter.

    APECO pushes funding to lure investors

    The Aurora Pacific Economic Zone and Freeport Authority (APECO) is seeking the release of the remaining P7 billion from its P10-billion authorized capitalization to bankroll infrastructure and development projects designed to make the zone more attractive to investors.
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