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CPG board approves P5 billion preferred share offering

The Century Properties Group Inc. board has approved the company’s follow-on offering of preferred shares seen raising as much as P5 billion.

ERC drafting consumer-friendly omnibus RCOA guidelines

The Energy Regulatory Commission (ERC) is drafting new guidelines to the omnibus retail competition and open access (RCOA) under which the threshold had been lowered to 100 kilowatt-hours from 500 kwh at the moment.

FIT-All collection suspension likely extended till yearend

The Energy Regulatory Commission (ERC) said the feed-in-tariff allowance (FIT-All) collected by renewable energy providers may remain suspended till the end of the year.

Meat imports down 8.6 percent over nine months

The Philippines imported 923.16 million kg of meat in the first nine months, down 8.6 percent from 1.01 billion kilos of the commodity last year, according to the Bureau of Animal Industry (BAI).

India allots 295,000 MT of white rice exports to PH

India has agreed to supply the Philippines with as much as 295,000 metric tons (MT) of non-basmati white rice, the country's Ministry of Commerce and Industry said on Wednesday.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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