Executive Secretary Lucas Bersamin said Wednesday that government work and classes across Luzon will be suspended on Thursday due to expected heavy rainfall from Severe Tropical Storm Kristine. This decision, based on recommendations from the National Disaster Risk Reduction and Management Council, aims to minimize flood risks and aid in rescue operations. While private sector work is at the discretion of business owners, essential agencies must continue their operations amid the storm, whose strong winds gust up to 115 kph and extends up to 700 kilometers from the center.
The National Electrification Administration (NEA) said Tropical Storm (TS) Kristine carved a path of ruin impacting on 121 electric cooperatives or 86 of the country's energy infrastructure.
The Philippine Stock Exchange Inc. (PSE) plans to introduce the Global Philippine Depository Receipts (GPDR) program by Q1 2025 and domestic derivatives a year later.
Department of Agriculture Secretary Francisco Tiu Laurel Jr. has pledged strong support for Filipino hog raisers suffering from steep financial losses caused by cheap foreign pork and dropping farmgate prices.
Consumers and business owners face another week of contrasting fuel prices as global supply tensions continue to ripple through local pumps. Gasoline prices are projected to decrease by up to ₱1.00 per liter, offering mild relief to private motorists, while diesel prices are expected to rise significantly by up to ₱3.00 per liter, according to estimates from Jetti Petroleum.
DigiPlus Interactive Corp. aims to launch as many as 60 new games next year, expanding its lineup as competition heats up in the Philippine online gaming space. The company is also stepping up its focus on original, locally developed titles rather than relying on foreign content, setting it apart from many industry peers.
The National Telecommunications Commission (NTC) has confirmed analog television broadcasts in Mega Manila will officially cease on November 22, 2026, marking a major milestone in the country’s shift to digital TV. Deputy Commissioner Alvin Blanco said the target date is firm, and that television networks have been preparing public service announcements and information materials to help people get ready for the change.