AboitizPower breaks ground on 60-MW Naga project to boost Visayas grid reliability
Aboitiz Power Corporation has officially started construction of its Naga Battery Energy Storage System (BESS), a major facility designed to strengthen power supply stability and meet rising energy demand across the Visayas region.
Court upholds SOCOTECO II rejection of Meralco proposal
A South Cotabato regional trial court has dismissed a petition seeking to overturn the South Cotabato Electric Cooperative II (SOCOTECO II) board's rejection of Manila Electric Co.'s proposed joint venture, ruling that the dispute falls under the jurisdiction of the National Electrification Administration (NEA).
San Miguel Corp funnels 95% of 2025 revenue back into the economy
San Miguel Corporation (SMC) distributed P1.43 trillion of its P1.5 trillion total revenue in 2025 back into the Philippine economy, according to its latest Sustainability Report. That amount represents about 95 percent of what the company earned last year.
DA, DILG launch tax break rules for eligible farm warehouses
The Department of Agriculture (DA) and Department of the Interior and Local Government (DILG) have issued joint guidelines granting real property tax exemptions to qualified farm storage facilities, to cut operational costs and draw more investments in post-harvest infrastructure.
Factories stay resilient as FPI seeks balanced wage policies
The Federation of Philippine Industries (FPI) said the country's manufacturing sector remains on a recovery path despite the newly approved wage hike in Metro Manila, but warned that sustaining the momentum will require policies that protect both workers and business competitiveness.
