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PCC flags power retail competition roadblock

Competition watchdogs are stepping up scrutiny of the Philippines’ retail electricity market after a new study found that market concentration, customer inertia, and structural barriers continue to limit competition despite ongoing power sector reforms.

GSIS sets aside ₱15.1B for Mindanao quake victims

The Government Service Insurance System (GSIS) has allocated ₱15.1 billion in emergency assistance for over 608,000 members and pensioners affected by the magnitude 7.8 earthquake in Mindanao, president and general manager Wick Veloso announced.

Raslag secures ERC compliance for Pampanga solar plant

Local renewable energy firm Raslag Corp. has obtained a Certificate of Compliance from the Energy Regulatory Commission for its 36.646-megawatt solar facility in Magalang, Pampanga. Though it began operating in October 2024, the COC formally registers the plant and confirms it meets all regulatory requirements, granting it associated rights and privileges.

Philippine food exports gain ground across Asia

The government is ramping up its push to bring more Philippine food products to Asian consumers, with the Department of Trade and Industry (DTI) rolling out a coordinated export drive in South Korea, Singapore, and Thailand to widen market access and elevate the profile of Filipino food brands abroad.

AI gives sari-sari stores a sales edge

Artificial intelligence is making inroads into the Philippines’ vast network of sari-sari stores, helping neighborhood retailers boost sales, sharpen inventory decisions, and compete more effectively in an increasingly data-driven marketplace.

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Jollibee Group expands inclusive hiring with Taguig City

The Jollibee Group has broadened its employment program for senior citizens and persons with disabilities (PWDs) through a new agreement with the Taguig City Government. Sixteen company-owned outlets—covering Jollibee, Chowking, Greenwich, and Burger King—will join, with each store set to hire two seniors and one PWD.

SM Retail earns top daya privacy honors from NPC

SM Retail, the retail arm of the SM Group, has received the NPC Seal of Registration Compliance Excellence Award from the National Privacy Commission (NPC) at the recent National Data Privacy Conference in Parañaque City. The award recognizes organizations that consistently display their NPC registration seal across all operations and digital platforms to demonstrate transparency and accountability.

JCRA reaffirms Ayala Corporation’s A- rating with stable outlook

The Japan Credit Rating Agency, Ltd. (JCR) has reaffirmed Ayala Corporation’s A- long-term foreign currency issuer rating, keeping its outlook stable. The decision reflects confidence in the company’s wide-ranging business portfolio, consistent earnings performance, and careful financial management.

PH, India push closer to trade deal

The Philippines and India have taken another step toward a possible free trade agreement, using a high-level bilateral trade meeting to advance discussions on deeper economic integration and broaden cooperation in sectors ranging from renewable energy to artificial intelligence.
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