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Ombudsman indicts Senator Jinggoy Estrada for plunder

The Office of the Ombudsman on Thursday said it found “probable cause to indict” Senator Jinggoy Estrada, former Public Works Secretary Emmanuel Bonoan, and several DPWH engineers before the Sandiganbayan for plunder and graft over alleged illegal insertions in the DPWH’s 2025 infrastructure budget in exchange for kickbacks. Investigators said P573 million in illicit payouts was systematically funneled to Estrada, backed by what the Ombudsman described as “solid, immovable evidence” and testimony from state witnesses. Should the Sandiganbayan affirm probable cause, prosecutors will seek immediate arrest, deny bail, and request travel restrictions. The Ombudsman said other similar indictments involving flood-control projects will be pursued.

Filipinos Turn to Solar as Power Costs Surge

Interest in solar energy is accelerating across the Philippines as households grapple with rising electricity prices and an increasingly unreliable power grid, according to a new nationwide survey.

Oishi maker increasing investment on PH coconuts

Liwayway Holdings Co., Ltd., the group behind the popular Oishi snack brand, is deepening its investment in the Philippines with plans to establish a coconut processing hub aimed at supplying China’s rapidly expanding demand for coconut-based products.

ofi, WNC Capital form joint venture for new Bulacan food plant

Global food and beverage ingredients leader ofi has partnered with WNC Capital Holdings Inc., parent firm of Wills International Sales Corp. to launch a new joint venture called ofi Philippines Blends.

VinFast EV targets Filipino Drivers’ daily earnings

VinFast is positioning its seven-seater VinFast Limo Green as a practical income-generating vehicle for Filipino ride-hailing drivers, as rising fuel prices and lower EV operating costs reshape transport economics in the Philippines.

Just in

Japan talks unlock Philippine farm export gains 

Philippines is moving to expand agricultural exports to Japan while simultaneously importing advanced logistics and post-harvest technologies that officials say could reshape domestic supply chains, Agriculture Secretary Francisco Tiu Laurel Jr. said following meetings in Tokyo.

First Gen: New hydro projects to deliver P16B annual income by 2031

First Gen Corp. expects its upcoming hydro power projects to generate roughly P16 billion in net income annually once fully operational by 2031.

Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

DA reforms El Niño Task Force amid threat of prolonged dry spell

The Department of Agriculture (DA) has reactivated its El Niño task force to prepare for a likely moderate-to-strong dry spell hitting in the fourth quarter of 2026 and lasting into early 2027. DA Secretary Francisco Tiu Laurel Jr. emphasized urgent, coordinated steps to shield crops, farmer incomes, food supply, and prices from harm.
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