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Over 38,000 Meralco customers still without power

More than 38,000 customers of the Manila Electric Co. (Meralco) remained without electricity Monday morning, as the enhanced southwest monsoon and Tropical Cyclones Luis and Maymay continued to disrupt services and cause widespread damage.

PCCI urges joint order to ease logistics costs, port congestion

The Philippine Chamber of Commerce and Industry is pressing the government to quickly issue a Joint Administrative Order aimed at curbing soaring logistics costs and easing port congestion, warning that delays could further squeeze businesses and consumers as cargo volumes rise later this year.

House adopts resolution commending Japan-Philippine ties on 70th diplomatic anniversary

The House of Representatives has approved a resolution commending the long-standing bilateral relations between the Philippines and Japan, marking the 70th anniversary of the normalization of their diplomatic ties.

San Miguel’s Backyard Bukid expands to 9 sites, reaches Visayas

San Miguel Corp. has grown its Backyard Bukid initiative to nine sites nationwide, marking its first presence in the Visayas as the project shifts from urban farming to boost community food security and livelihoods.

Semirara Mining files redundancy notice, cuts coal output target amid auction uncertainty

Semirara Mining and Power Corporation (SMPC) has notified the Department of Labor and Employment (DOLE) of a redundancy program, following a decision to slash its annual coal production target by over one-third compared to last year.

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DEDON taps solar-backed power plan for Cebu factory

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Treasury bill yields climb as inflation risks mount

Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.

Substantial diesel rollback offers respite after peak spikes

Local fuel prices roll back this week after three consecutive weeks of increases, the Department of Energy (DOE) announced Monday.

Eala makes Asian Games debut look easy

Alex Eala did not exactly ease into the Asian Games. She arrived with a racket and apparently no interest in small talk.
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