Tuesday, 07 October 2025, 10:28 pm

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    June power rates still unclear amid cost swings – Meralco

    Electricity rates for June 2025 remain uncertain, according to the Manila Electric Co. (Meralco), citing mixed trends in key cost drivers such as transmission charges and generation costs.

    Southlinks Estate: luxury living at Metro’s edge

    Southlinks Estate, a 34-hectare residential development at the border of Muntinlupa and Las Piñas, is fast emerging as the next upscale enclave in South Metro—drawing comparisons to Alabang Village, and even Makati’s exclusive neighborhoods like Forbes Park and Dasmariñas Village.

    Inflation eases again, now below BSP target

    The country's annual inflation rate dipped slightly to 1.3 percent in May, down from 1.4 percent in April, according to data released by the Philippine Statistics Authority. While the decline is modest, it marks a continued deceleration in price increases, indicating a slower pace of inflationary momentum.

    IMI sells Czech unit to Keboda for EUR10M

    Integrated Micro-Electronics Inc. (IMI), a member of the Ayala Group, has signed a definitive agreement to divest its Czech Republic operations to KEBODA Deutschland GmbH & Co. KG, a subsidiary of Shanghai-based Keboda Technology Co., Ltd., for a total consideration of EUR10.03 million, subject to adjustments.

    CIC outpaces industry with 28% AC sales surge

    Concepcion Industrial Corp. (CIC), a leading manufacturer of air conditioners and refrigerators, reported growth exceeding the industry, highlighting the strong demand, strategic investments, and the push to diversify beyond weather-dependent consumer segments.

    Just in

    TDK taps Aboitiz for Laguna solar power project

    Aboitiz Upgrade Solar Inc. (AUSI), a renewable energy affiliate of Aboitiz Power Corp., has partnered with electronics manufacturer TDK Philippines Corp. (TPC) to install a 5.65-megawatt-peak (MWp) rooftop solar PV system across two TPC facilities in Laguna.

    President Marcos names DOJ’s Remulla as Ombudsman

    President Ferdinand R. Marcos Jr. has appointed Secretary of Justice Jesus Crispin “Boying” Remulla as the new Ombudsman, succeeding former President Rodrigo Duterte-appointee Samuel R. Martires whose term ended in July. Remulla, who has served Justice Secretary since 2022, is known for pushing reforms to modernize the justice system and fight corruption. With decades of experience as a legislator and lawyer, he is expected to uphold transparency and accountability. The Marcos administration has reiterated its zero-tolerance of corruption. Ombudsman, the government’s primary graft buster, serves a single 7-year term and can only be removed through impeachment for offenses such as treason, bribery, graft and corruption, or betrayal of public trust.

    DA measures help shield poor from inflation

    Targeted efforts by the Department of Agriculture (DA) to manage the supply and pricing of key food items, particularly rice, sugar, and corn, are helping protect the poorest Filipino households from the brunt of inflation, even as overall consumer prices rise.

    Foreign currency reserves rise in September

    The country's gross international reserves (GIR) increased to US$108.8 billion in September, up from US$107.1 billion at the end of August this year.
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