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PLDT, Smart and First Gen shift more Mindanao telco facilities to renewable energy

The country's leading integrated telco network PLDT Inc. (PLDT) and its wireless unit Smart Communications, Inc. (Smart) are expanding their partnership with the country's largest renewable energy (RE) producer, First Gen Corporation (First Gen) to switch six (6) network facilities in Mindanao to 100 percent RE.

End-August GIR rises to US$106.9 billion

The country’s gross international reserves (GIR), important in measuring a country's capacity to pay external obligations, rose to USD106.9 billion as of end-August 2024, according to the Bangko Sentral ng Pilipinas (BSP). 

BSP welcome new monetary board member

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has welcomed new monetary board member (MBM) Jose L. Querubin who took his oath of office at the BSP head office in Manila on 05 September 2024. 

SM rolls out Waste Segregation Bins in 75 Department Stores Nationwide

SM, through SM Retail, will install waste segregation bins in 75 stores nationwide, reaffirming SM's commitment to reducing waste and promoting sustainable practices. SM Retail has recently installed recycling bins in 25 branches across the National Capital Region (NCR), with 50 additional provincial branches scheduled to follow in the coming weeks. This initiative is part of the broader #SMWasteFreeFuture campaign.

BOC closes fuel station in Valenzuela selling smuggled gasoline 

Customs officials at the Manila International Container Port (MICP) bared on Friday the closure of a  gas refilling station in Valenzuela for allegedly selling millions of pesos worth of unmarked fuel.

Just in

GCash parent Mynt flat in historic debut

Shares of Mynt Inc., the parent firm behind dominant e-wallet operator GCash, closed unchanged at P6.60 per share during its trading debut Tuesday on the Philippine Stock Exchange, marking a historic milestone as the country's largest initial public offering to date.

Palace delays corn import order amid harvest concerns

Malacañang has deferred signing an executive order on the minimum access volume (MAV) for corn imports, citing concerns that its implementation could undermine local farmers’ earnings during the ongoing harvest season.

Power backup ready for El Niño

The Department of Energy has confirmed it is fully mobilized to safeguard power supply as the Philippines braces for a projected Super El Niño lasting through the first half of 2027, with the driest conditions forecast from November this year to April 2027.

DA moves to support local hog producers amid low farmgate prices

The Department of Agriculture (DA) is stepping up measures to assist local pork producers, who continue to face depressed farmgate prices due to rising imports. Speaking at the Tuesday Club Breakfast Forum in Mandaluyong City, Agriculture Secretary Francisco Tiu Laurel Jr. assured stakeholders the agency is exploring every legal option to ease market pressure on domestic hog raisers.
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