The Department of Agriculture will launch on July 5 a large-scale trial of "Program 29", an initiative spearheaded by President Ferdinand Marcos Jr. aimed at providing high-quality rice at P29 per kilo to as many as 6.9 million vulnerable households, representing around 35 million Filipinos.
The Manila Electric Co. (Meralco) has attracted eight power generation companies interested in supplying the distributor 600 megawatts worth of baseload power it needs by next year.
Regional property developer Cebu Landmasters Inc. on Thursday reported generating P2.7 billion from its 362-unit Velmiro Heights Davao project that sold out in only two days.
Federal Express Corporation, one of the world’s largest express transportation companies, on Thursday bared plans to expand its Clark, Pampanga operations gateway.
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.