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Meralco seeks new EPSA supplier; increases power rates for March

The Manila Electric Co. (Meralco) has yet to secure a new emergency power supply agreement (EPSA) after the expiry of the 300-megawatt baseload transaction with Aboitiz Power's GN Power Dinginin.

Rice importers cheated Customs of P7.7B in tariff from undervalued rice in 2022

As much as P7.7 billion worth of tariffs have been lost last year due to the undervaluation of rice imports, according to the Federation of Free Farmers (FFF).

Mindoro oil spill imperils fish catch over next six months

The expanding oil spill in Mindoro is feared to impact adversely on fish production in the first half of the year, according to activist group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya).

Gold production in Nueva Vizcaya satisfactory although copper not as hot

Multinational OceanaGold Corp. projects improved gold production but roughly unchanged copper output this year from its mining operations in Didipio, Nueva Vizcaya.

Alignment conflict ruled out in CTBEX CBEX tollway projects

The Department of Public Works and Highways (DPWH) is pushing for the construction of the P25.24 billion Cavite Tagaytay Batangas Expressway (CTBEX) project proposed by Metro Pacific Tollways South under the government's Build Better More program that aims to address the country's infrastructure gap and traffic congestion issues.  

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Reddit, Discord have 24 hours to set up local presence; compliance tied to child safety, real-world violence links

The Cybercrime Investigation and Coordinating Center (CICC) has issued a 24-hour directive for Reddit and Discord to establish local representation, stepping up state oversight after three school shootings in recent months were linked to harmful online activity.

BIR tax relief clears P84.5’ in micro liabilities

The Bureau of Internal Revenue’s (BIR) tax abatement program for micro taxpayers has cleared P84.5 million in taxes and penalties in its first two months, giving small businesses a cheaper way to settle old liabilities and return to compliance.

Coffee chain hits 130 Kuwait cafés in 20-year growth run

The Coffee Bean & Tea Leaf® (CBTL) and partner Al-Ghunaim Trading Co. have opened their 130th café in Kuwait, capping more than two decades of expansion that has turned a single Salmiya outlet launched December 16, 2004 into one of the country’s top premium café brands.

GCash upbeat on GStocks PH growth amid retail investor surge

GCash is bullish on GStocks PH’s outlook as more Filipinos turn to digital investing. Wealth Management General Manager Darvin Sy Su said the platform draws strong interest from first-time investors, with the focus now converting that early engagement into regular investing habits.
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