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ERC proposes key reforms to address PH power sector challenges

The Energy Regulatory Commission (ERC) is pushing for critical updates to Philippine power market rules and systems, aiming to fix current gaps and adapt to modern energy needs. The proposed changes carry major policy weight, as they seek to make power supply more reliable, affordable, and responsive to changing conditions.

Panhua expands Philippine steel investment plan to  $3.5B

The Philippines’ drive to strengthen its domestic manufacturing base gained fresh momentum after Chinese steel giant Panhua Group Co., Ltd. expanded its planned investment in the country to USD3.5 billion, signaling rising foreign investor confidence in the local industrial sector.

Globe launches new connectivity solutions to ease cost pressures for consumers, businesses 

Globe Telecom Inc. introduced a wide range of mobile, home, and enterprise solutions on Tuesday, designed to help Filipinos cope with economic challenges and rising expenses.

NFA taps rice mills to boost Mindanao palay output

The National Food Authority (NFA) has partnered with 15 rice mills in Soccsksargen under an emergency program to strengthen food security and free up warehouse space to buy palay from about 1,100 farmers in Central Mindanao, the Department of Agriculture (DA) announced Tuesday.

PEZA eyes advanced manufacturing growth

Philippine Economic Zone Authority (PEZA) underscored the critical role of advanced manufacturing sectors—particularly electronics, automotive, and die and mold industries—in driving investments, exports, and employment as it intensifies efforts to build a more resilient industrial ecosystem.

Just in

Slower public sector spending drags cement industry outlook

The Philippine cement industry is expected to post flat to slightly lower growth this year as slower government infrastructure spending continues to weigh on demand, according to the Cement Manufacturers Association of the Philippines (CeMAP).

Truck driver shortage hobbles Philippine logistics expansion

The Philippine trucking industry is facing a critical driver shortage that is limiting fleet expansion and straining logistics operations despite strong demand from manufacturers and businesses, according to industry leaders.

JPEPA at 20 spurs Philippines-Japan trade push

The Philippines’ envoy to Japan expressed hope that President Ferdinand Marcos Jr.’s visit to Tokyo will further strengthen bilateral ties, emphasizing decades of close cooperation between the two nations.

BIR unveils portal to simplify corporate taxes

The government is stepping up its digital reform drive to make tax compliance faster, simpler, and less burdensome for the country’s biggest taxpayers, with the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) launching a centralized Taxpayer Portal for firms under the Large Taxpayers Service (LTS).
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