The Wholesale Electricity Spot Market (WESM) in the Philippines posted a significant 14.3% drop in power rates in January, according to latest data from the Independent Electricity Market Operator of the Philippines (IEMOP).
The Securities and Exchange Commission (SEC) announced a record 52,304 new companies registered in 2024, marking a 6 percent increase from prior year. This brings the total number of active SEC-registered companies to 527,710, underscoring the agency’s success in driving corporate formalization in the Philippines.
Industrial printing leader Precision Crestec, Inc. has renewed its commitment to sustainability by extending its clean energy supply agreement with First Gen Corporation. Under the new deal, First Gen will provide 700 kilowatts of renewable energy (RE) to power Precision Crestec’s production facility in Pasig City, continuing a partnership that began in 2021.
BDO Foundation, the corporate social responsibility arm of BDO Unibank, welcomed 2025 with the turnover of four newly rehabilitated rural health units (RHUs) aimed at improving healthcare access for over 96,000 Filipinos. The newly renovated RHUs are located in Capiz, Abra, and Bohol, including the Ivisan and Sapian RHUs in Capiz, Peñarrubia RHU in Abra, and Pilar RHU in Bohol.
The Department of Agriculture will reduce on Wednesday, February 5, the maximum suggested retail price of imported rice to P55 per kilo, providing much-needed relief to consumers struggling with the high cost of the food staple. The MSRP was previously set at P58 per kilo.
Philippine exporters are leaving room for more trade with Britain, with the British Chamber of Commerce Philippines putting greater use of tariff preferences high on its agenda after exporters utilized only 68 percent of available benefits in 2025.
The Bases Conversion and Development Authority (BCDA) has secured at least P85 million in private investment commitments for three leisure and dining projects in Clark and Camp John Hay, putting more government properties to commercial use.
Bohol-Panglao International Airport (BPIA) is using its terminal to steer visitors beyond the province’s familiar tourist circuit, promoting lesser-known eateries, farms and community attractions through locally curated travel guides.
A 29-hour journey is a long time to think about a sporting career. There are connecting flights, airport layovers, uncomfortable seats, and the inevitable question of whether the person beside you has also decided that sleeping on an airplane is an exercise in futility. For nine young Filipino athletes on their way to Dakar, Senegal, however, the long trek is hopefully headed to success. They are about to compete in the 2026 Youth Olympic Games, an event that could become an important chapter in their sporting lives.