The Bureau of Customs (BOC) has seized ₱219.5 million worth of smuggled diesel fuel at the Port of La Union in an operation targeting the illegal paihi fuel transfer scheme.
The Energy Regulatory Commission (ERC) has cleared five power generation projects—totaling 629.384 megawatts (MW)—to build and operate dedicated point-to-point transmission lines for direct connection to the national grid.
The Department of Agriculture (DA) is putting the final touches on a draft bill restoring the critical functions of the National Food Authority (NFA)—a move seen as central to stabilizing rice supply and prices in the country.
Agriculture Secretary Francisco P. Tiu Laurel Jr. expressed confidence in a better second-quarter performance for agriculture, as improved weather conditions and stronger, more timely interventions ordered by President Ferdinand Marcos Jr. are expected to drive a significant rise in rice and corn output.
The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.
Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.
First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.
Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.