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ACEN Corp. said Wednesday that affiliated joint venture IBV ACEN Renewables Asia Pte. Ltd. is nearing completion of its investment assessment for solar projects in Malaysia, valued at $13 million. This development signals the company's expansion into new markets and strengthens its commitment to renewable energy.

Wyn Power Corp. has started construction on a 50-megawatt solar photovoltaic project in Barangay Bukal, Taysan, Batangas costing P1.5 billion. The 48-hectare solar plant will generate up to 74 million kilowatt-hours of clean energy annually, supporting industries and consumers served by Batangas II Electric Cooperative (Batelec II) and surrounding cooperatives.

The aggressive trade strategy of President Donald Trump took a dramatic turn on Tuesday as he imposed a new 25 percent tariff on imports from Mexico and Canada, igniting a trade war with two of the United States' closest allies. 

San Miguel Food and Beverage Inc. (SMFB) reported a 7 percent increase in net income for 2024, reaching P40.9 billion, up from P38.1 billion in the previous year. The growth was driven by a 6 percent rise in consolidated sales, reaching P400.9 billion, supported by higher volumes and strategic market expansion.

The National Food Authority (NFA) is encouraging rice farmers to take advantage of the hot weather to dry their palay, helping boost earnings through higher selling prices. NFA administrator Larry Lacson said that drying palay may incur additional costs but offers significant rewards, with private millers currently paying P20 to P22 per kilogram for clean, dry palay, compared to P15 to P17 for wet palay.