Court upholds SOCOTECO II rejection of Meralco proposal
A South Cotabato regional trial court has dismissed a petition seeking to overturn the South Cotabato Electric Cooperative II (SOCOTECO II) board's rejection of Manila Electric Co.'s proposed joint venture, ruling that the dispute falls under the jurisdiction of the National Electrification Administration (NEA).
San Miguel Corp funnels 95% of 2025 revenue back into the economy
San Miguel Corporation (SMC) distributed P1.43 trillion of its P1.5 trillion total revenue in 2025 back into the Philippine economy, according to its latest Sustainability Report. That amount represents about 95 percent of what the company earned last year.
DA, DILG launch tax break rules for eligible farm warehouses
The Department of Agriculture (DA) and Department of the Interior and Local Government (DILG) have issued joint guidelines granting real property tax exemptions to qualified farm storage facilities, to cut operational costs and draw more investments in post-harvest infrastructure.
Factories stay resilient as FPI seeks balanced wage policies
The Federation of Philippine Industries (FPI) said the country's manufacturing sector remains on a recovery path despite the newly approved wage hike in Metro Manila, but warned that sustaining the momentum will require policies that protect both workers and business competitiveness.
PH breaks ground on $25.6M National Cybersecurity Center with Korean Grant
The Department of Information and Communications Technology (DICT), together with the Korea International Cooperation Agency (KOICA), has officially started construction of the Philippines’ National Cybersecurity Center (NCSC), aimed at boosting the country’s defense against online threats.
