The Philippine Statistics Authority (PSA) estimated the country’s total rice stocks as of December 1 at 2.55 million metric tons, marking an increase of nearly 35 percent compared to the 1.90 million metric tons recorded during the same period in 2023.
Bicol Rep. Joey Salceda on Tuesday filed a bill seeking to grant a new franchise to ABS-CBN Corporation, the Philippines' largest broadcast network whose legislated operating permit expired in May 2020.
Congress has placed the franchise of National Grid Corp. of the Philippines (NGCP) under a microscope to ensure a more equitable tax and profit structure that benefits both the government and consumers, said Bicol Representative Joey Salceda, who chairs the House Committee on Ways and Means.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Monday raised concern over persistently high rice prices, particularly the sale of imported rice at P60 per kilo, calling it indicative of profiteering.
The Philippine digital lending sector is on track to exceed USD1 billion by the end of 2025, driven by surging consumer demand for accessible online financial solutions.
The Department of Energy has confirmed the national government is open to selling the mothballed Bataan Nuclear Power Plant, also referred to as the Philippine Nuclear Power Plant, to private investors, after a South Korean feasibility study found promise in reviving the long‑idle facility.
When an unexpected loss strikes, grieving families are often forced to make quick financial and logistical choices amid emotional distress—with only days to lock in funeral arrangements, coordinate with relatives, and gather funds for related costs. Pre‑planning, pre‑need provider PhilPlans says, is key to reducing this heavy burden for consumers, while also helping service providers deliver smoother, more predictable support during difficult periods.
BDO Unibank, Inc. reported a nine‑month 2026 net income of ₱63.6 billion, slightly higher than the ₱63.1 billion recorded in the same period of 2025, with a 13.1 percent return on equity reflecting the bank’s solid core business performance.
China Bank Savings (CBS) is expanding its home financing business through partnerships with three property developers, targeting growing residential markets in CALABARZON and Central Visayas as it seeks to widen access to homeownership.