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ERC bolsters capacity to tackle case backlog

The Energy Regulatory Commission (ERC) is upbeat about its near-term prospects as it anticipates a significant boost in operational capacity following a strong response to its latest recruitment drive.

Strong retail, banking lift SM Investments 1Q profit to P20.1B

SM Investments Corp. (SM Investments) reported a consolidated net income of P20.1 billion in the first quarter of 2025, a 9 percent increase from P18.4 billion in the same period last year, driven by strong performances across its banking, property, and retail businesses.

Gov’t greenlights offshore wind projects, boosting PH renewable push

PetroEnergy Resources Corp. (PERC), through its affiliate Buhawind Energy Northern Luzon Corp. (BENLC), has secured government approval for its offshore wind initiatives, marking a significant step in the country's renewable energy development.

Grab, MOVE IT, COMELEC Launch #RideToVote mobilizing voters

Grab Philippines and motorcycle taxi platform MOVE IT have teamed up with the Commission on Elections (COMELEC) to roll out #RideToVote, a two-phase campaign combining digital outreach and transport support for Filipino voters.

Philippines jobless rate tad higher at 3.9% in March

The Philippine labor market showed a slight increase in unemployment in March, with the jobless rate rising to 3.9 percent from 3.8 percent in February, according to the Philippine Statistics Authority (PSA).  

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ACEN reports Q3 loss on impairment charges; 9-month profit stays strong

ACEN Corp. reported a net loss of P609 million in the third quarter of 2026 after booking provisions and impairment charges for wind and solar assets, even as stronger generation and contributions from new projects lifted consolidated net income for the first nine months by 84 percent to P3.3 billion.

BSP, GCash shift focus from account access to financial health

The Bangko Sentral ng Pilipinas (BSP) and GCash are urging financial institutions to shift their focus from simply opening accounts to helping Filipinos build savings, manage emergencies and gain access to insurance and investments.

DOF backs USD250M World Bank loan for skills training

The Department of Finance (DOF) has endorsed a proposed...

PMI calls for policy, science cooperation to expand smoke-free adoption

Philip Morris International (PMI) is calling for closer cooperation among government, scientists and industry to accelerate the adoption of smoke-free products in the Philippines, saying scientific innovation must be matched by supportive policies, consumer awareness and product accessibility.
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