Tuesday, 13 January 2026, 6:41 pm

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    SRA requires local purchase before allowing molasses imports

    The Sugar Regulatory Administration (SRA) has issued an order requiring buyers to first purchase locally produced molasses before they are allowed to import supplies.

    Lender’s earned wage access program hits P1.8 billion 

    Ayala-led Bank of the Philippine Islands (BPI has released P1.81 billion under its Salary On-Demand and Sweldo On the Spot services as of end-2025.

    Power spot prices rise 10.1% in December

    Electricity prices at the Wholesale Electricity Spot Market (WESM) rose by 10.1 percent in December, driven mainly by higher power demand in the Visayas and Mindanao, data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed.

    ABB powers PH’s first AI-ready hyperscale data center

    ABB is supplying a full electrification system for VITRO Santa Rosa, the Philippines’ first AI-ready hyperscale data center, located in Laguna. The 50-megawatt facility is designed for high reliability, energy efficiency, and future AI growth, as the country becomes one of the world’s fastest-growing data center markets.

    2GO upbeat on 2026 as logistics demand grows

    2GO, one of the Philippines’ leading logistics companies, is optimistic about its outlook for 2026 as it continues to expand its freight, express delivery, and sea travel operations.

    Just in

    Singapore’s Atome secures $345m syndicated loan

    Singapore-based Atome, part of Advance Intelligence Group, has raised $345 million through an upsized syndicated debt facility, up from $200 million secured in 2024.

    Cebu Landmasters gets PCC approval for Japanese investor

    Cebu Landmasters Inc. (CLI) said it has secured approval from the Philippine Competition Commission for the entry of Japanese firm NTT UD Asia Pte. Ltd. as a partner in its Luzon expansion. The deal allows NTT UD Asia to acquire 40 percent of the voting shares of CLI Luzon Ventures Inc., the unit formed to lead the company’s developments in Luzon.

    DOE to collect up to P24B in bonds, penalties from Leviste-linked solar firm

    The Department of Energy (DOE) said it will collect up to P24 billion in performance bonds and other financial and technical obligations from Solar Philippines Power Project Holdings Inc., a company founded by Batangas Rep. Leandro Leviste.

    Philippine passport loses visa-free access in 2025, but ranking edges up

    The Philippine passport became weaker in terms of travel freedom in 2025, losing visa-free access to three destinations, even as it slightly improved its position in global rankings, according to the Henley Global Mobility Report.
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