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First Balfour, EDC to put up battery storage systems

Engineering and construction firm First Balfour Inc., has entered into contract with affiliate Energy Development Corp. (EDC) to set up three battery energy storage system (BESS) facilities.

Short selling platform seen launched in three weeks

The Philippine Stock Exchange (PSE) expects to officially open its short-selling platform by 23 October.

ERC considers removing price ceilings under GEA3

The Energy Regulatory Commission (ERC) is considering the removal of price caps at the third Green Energy Auction (GEA3).

Government removes rice price caps 

President Ferdinand Marcos Jr. on Wednesday announced the lifting of price caps on rice 29 days after first imposing the measure covering both the regular milled and well-milled staple. 

SMIC projects greater 2023 earnings contribution from investment portfolio

SM Investments Corp., the holding firm of the Sy family, on Wednesday projected accelerated contribution from its portfolio of investments that range from logistics to power firms.

Just in

Spending pullback boosts January budget surplus

The National Government opened 2026 with a fiscal jolt, posting a P165.4-billion budget surplus in January—more than double the P68.4 billion recorded a year earlier—as steady revenues met sharply lower spending.

Manila Water boosts supply security with new water sources

Manila Water said it is strengthening water supply reliability for its East Zone customers by expanding alternative water sources, reducing its dependence on Angat Dam.

inDrive launches fuel aid, incentives for drivers amid rising costs

Ride-hailing platform inDrive has introduced a ₱2.7 million fuel voucher program to help its active drivers cope with rising fuel prices and operating costs.

Creative economy hits P1T sweet spot anew in 2025

The Philippines’ creative economy isn’t just alive—it’s composing, coding, and cashing in.
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