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San Miguel Food executive compensation likely lower in 2024

Are executives and directors of San Miguel Food and Beverage Inc., including its president and chief executive officer Ramon Ang, taking a hit on their paychecks?

NPC petitions ERC for higher SPUG rates 10 years in a row

The National Power Corp. (NPC), which recovers only around a third of costs incurred in supporting the Small Power Utilities Group, is optimistic the Energy Regulatory Commission (ERC) will act quickly on its petition to raise the power rates charged by the various SPUGs.

SM Prime sets price for peso retail bonds

Shopping mall operator SM Prime Holdings Inc. has priced its peso-denominated three-year fixed rate bonds at 6.5754 percent when the Series V paper begins selling in two days.

DA plans stepped up support for rice farmers

The Department of Agriculture is hopeful the reduction of duties on imported rice to 15 percent from 35 percent will help drive down the retail price of the staple.

EPR registered companies meet the 20% waste recycle threshold on inaugural year

The various businesses who registered under the Expanded Producers’ Responsibility (EPR) Act have met the target 20 percent recovery threshold from plastics declared as waste in 2023, the inaugural year of its implementation, the Department of Environment and Natural Resources (DENR) said on Wednesday. 

Just in

ERC approves higher refund for Meralco customers, may shorten payout period

The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.

SRA releases first cash aid to sugar farmers amid rising fuel costs

The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).

DigiPlus links ArenaPlus to global anti-match-fixing network

DigiPlus Interactive Corp. has integrated its sportsbook brand ArenaPlus sportsbook platform into the Sportradar Integrity Exchange (SIE), a global system that helps detect and prevent match-fixing.

Federal Land sees steady demand despite incertainty

Federal Land NRE Global Inc. (FNG) said demand for its projects remains strong despite economic uncertainties, particularly in its 600-hectare River Park development in Cavite.
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