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Government eases financial burden on electric cooperatives with local tax exemption

The Department of Energy (DOE) and the Department of Finance (DOF) have issued a joint memorandum circular granting electric cooperatives (ECs) across the Philippines exemption from local taxes, fees, and charges imposed by local government units (LGUs).

New route boosts travel to Siargao via Clark International

The Philippine Airlines (PAL) has expanded its domestic flight network with the resumption of services between Clark International Airport (CRK) and Siargao Island Airport, enhancing travel options for residents and tourists alike.

AC Health, USAID partners in combating HIV in PH

Ayala Healthcare Holdings, Inc. (AC Health) announced on Wednesday a new partnership with the U.S. Agency for International Development (USAID) to intensify efforts against the HIV epidemic in the Philippines, aiming to enhance access to stigma-free healthcare and life-saving services.

BPI, Alternergy join hands for green future

Alternergy Holdings Corp. said Bank of the Philippine Islands approved a funding facility of up to P4 billion for the Tanay Wind Power Project in Rizal, yet another step in the country’s transition to green energy.

NTA distributing P100M in grants to tobacco Farmers for 2024-2025

The National Tobacco Administration (NTA) is set to distribute a P100 million crop production grant to qualified tobacco farmers nationwide for the 2024-2025 cropping season.

Just in

Subic EnerZone upgrading grid as Freeport demand rises

Subic EnerZone Corp., the AboitizPower-led electricity distributor at the Subic Bay Freeport Zone, is preparing network upgrades to accommodate rising power demand as the economic hub expands, following a 25-year extension of its partnership with the Subic Bay Metropolitan Authority (SBMA).

DA urges OFWs to explore agribusiness as extra or long-term income 

The Department of Agriculture encourages overseas Filipino workers (OFW) to look into agribusiness as a practical alternative source of income and sustainable livelihood for when they come back home to the Philippines.

Marcos vows to defend peso as oil-driven inflation pressures economy

President Ferdinand Marcos Jr. has vowed to use the government’s available foreign exchange reserves and policy tools to defend the peso against further depreciation, while acknowledging that surging oil prices and supply-side constraints continue to fuel inflation.

Palawan Group, RFC widen loan access via new partnerships

The Palawan Group of Companies (PGC) and Radiowealth Finance Company (RFC) are expanding their partnership to simplify loan disbursements and repayments, combining branch-based services with digital payments to reach more Filipino borrowers.
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