DOE hikes benefits for host communities of power projects under new circular
The Department of Energy (DOE) announced that starting January 2026, communities hosting power projects will receive higher financial benefits under the Energy Regulation (ER) 1-94 program.
Tobacco farmers warn of nearly P1-B loss due to cigarette smuggling
The Philippine Tobacco Growers Association (PTGA) estimates local farmers could lose ₱978.44 million in 2025 due to the continued rise in cigarette smuggling. The group said around 11.8 billion sticks of illicit cigarettes are expected to flood the market next year, displacing roughly 9.4 million kilograms of locally grown tobacco.
DENR backs mining growth with policy reforms
The Chamber of Mines of the Philippines (COMP) expressed optimism over the future of the local mining industry, citing favorable government policies that could restore the sector as a key economic driver.
Foreign funds back Maynilad’s P34-B share sale
Maynilad Water Services Inc.’s upcoming initial public offering, slated for next month, is expected to lift investor sentiment in the local equities market, amid easing interest rates.
TS Ramil causes P12.41-M initial agri damage — DA
Tropical Storm Ramil has caused an initial P12.41 million in damage to the agriculture sector, the Department of Agriculture (DA) reported Wednesday, citing its Disaster Risk Reduction and Management Operations Center.
