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ERC leadership void delays GEA5, risks offshore wind progress and policy certainty

The Department of Energy (DOE) has warned that the fifth round of the Green Energy Auction (GEA5), which will include the country's first offshore wind (OSW) projects, may be delayed due to the ongoing leadership vacuum at the Energy Regulatory Commission (ERC).

Rice prices drop in Baguio, La Union; DA cuts imported rice cap to P43/kg

The Department of Agriculture (DA) has expanded its P20 per kilogram subsidized rice program to La Union and Baguio City, aiming to ease food costs for low-income consumers.

SM Group pushes unified corporate drive to cut plastic waste

The SM Group is ramping up its environmental initiatives with a consolidated effort to reduce plastic waste across its commercial and corporate operations, aligning with the country's Extended Producer Responsibility (EPR) Act of 2022.

Smart opens pre-orders for Samsung Galaxy Z7 Series

Smart Communications has opened pre-orders for the newly launched Samsung Galaxy Z7 Series—comprising the Galaxy Z Fold7, Z Flip7, and Z Flip7 FE—from 9 to 31 July, giving Filipino users early access to Samsung’s latest foldable innovations following their global debut at Galaxy Unpacked in Brooklyn, New York.

BSP cancels registration of financial entities over AML infractions

The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) has ordered the removal of three firms from its registry of authorized non-bank financial institutions due to serious and persistent regulatory breaches, including violations of anti-money laundering laws.

Just in

Airfares set to fall late- November after CAB cuts fuel surcharge

Travelers and freight forwarders may pay less for flights and cargo starting November 16, as the Civil Aeronautics Board (CAB) lowers fuel surcharges following a drop in global jet‑fuel prices.

PPA pushes inter-island sea travel for ASEAN‑linked five-day holiday

The Philippine Ports Authority (PPA) is inviting Filipinos to explore local tourist spots using the country’s modernized ports and budget‑friendly inter‑island sea travel for the November 14‑18 extended holiday tied to the 49th ASEAN Summit.

GMA Network’s nine-month net income plunges  98%

GMA Network Inc. reported a 98‑percent drop in its January‑September net income, as the end of election‑driven advertising revenue, inflation, and economic uncertainty dragged down its core broadcast business.

Meralco raises November rates by P0.49 per kWh

A weaker peso, more expensive imported natural gas, and rising electricity demand pushed up Meralco’s power procurement costs, prompting a P0.4895 per kilowatt-hour (kWh) increase in electricity rates for November.
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