Initial damage to the agriculture sector from Typhoon Tino has reached ₱13.26 million, affecting 742 farmers and 552 hectares of farmland, according to a 2 p.m. report Thursday from the Department of Agriculture.
The average price of electricity at the Wholesale Electricity Spot Market (WESM) soared by 49.4 percent in October, reaching ₱4.54 per kilowatt-hour (kWh) from ₱3.04/kWh in September, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
Public Works Secretary Vince Dizon has lodged two additional complaints before the Philippine Competition Commission (PCC) for a preliminary inquiry into alleged bid rigging and project manipulation involving two contractors and three project contracts in Davao Occidental and La Union.
The Bank of the Philippine Islands (BPI), through its digital wallet VYBE, has partnered with Pay&Go to let users cash in for free at over 3,000 kiosks nationwide.
Electricity consumers will pay slightly lower transmission charges in their January 2026 power bills, the National Grid Corporation of the Philippines (NGCP) said.
Jollibee Foods Corp. said Wednesday it will continue focusing on growing its business even as it moves forward with plans to spin off its international operations.
Property giant Megaworld Corp. is expanding its office platform with the launch of a new leasing group, a move aimed at reinforcing its position as the Philippines’ largest office developer while advancing its goal of building a 2-million-square-meter leasable office portfolio.
Visa has partnered with GCash and makes it easier and safer to send money from abroad directly to GCash wallets in the Philippines. Through Visa Direct, individuals and businesses worldwide can now transfer funds straight to GCash, benefiting more than 90 million users with faster and more convenient access to overseas money.