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UCME rate hike approved to fund power subsidies in off-grid areas

The Energy Regulatory Commission (ERC) has approved an increase in the Universal Charge for Missionary Electrification (UCME) starting the February 2026 billing.

Banana boom lifts PH farm exports as global rank rises

The Philippines is projected to rank second among the world’s biggest banana exporters in 2025, highlighting the growing role of agriculture in the country’s economy, according to a new report by the Food and Agriculture Organization (FAO) of the United Nations.

Hanabishi Karinderya: Small kitchens, big impact

In a country where some of the best business ideas are cooked over a single gas stove, Hanabishi Appliances is betting on the power of the humble karinderya. 

Factories rebound as Philippine PMI climbs in January

The Philippine manufacturing sector opened 2026 with renewed momentum, as the Purchasing Managers’ Index signaled a broad-based improvement in operating conditions in January, according to S&P Global. 

Thai beverage brands step up Philippine expansion

Thai beverage giants are stepping up their push into the Philippines, betting on surging demand for specialty drinks and globally inspired lifestyle concepts among Filipino consumers.

Just in

Puregold posts 9% profit growth in 2025

Grocery chain Puregold Price Club Inc. reported a nearly 9 percent increase in net income for 2025, reaching P11.3 billion from P10.4 billion the previous year.

PAL posts higher profit in 2025 despite industry challenges

Philippine Airlines (PAL) reported a 6.1 percent increase in net income to US$160.4 million in 2025, despite a difficult year for the global aviation industry.

DA sends trucks to address Benguet vegetable oversupply

The Department of Agriculture (DA) has deployed 18 trucks to transport excess vegetables from Benguet to major markets, including Metro Manila, following reports of oversupply affecting local farmers.

Lopez rift deepens over First Gen deal with Prime Infra

A long-simmering family dispute at Lopez Inc. has erupted into a full-blown governance battle, after shareholders aligned with Eugenio Gabriel “Gabby” Lopez III voted to remove Federico “Piki” Lopez as president and chief executive officer of the privately-held investment holding company, citing a breakdown in trust tied to undisclosed multibillion-peso transactions.
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