Thursday, 09 October 2025, 11:33 pm

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    Lopez-led First Gen holds annual stockholders’ meeting and board elections

    First Gen Corp. chairman and CEO Federico R. Lopez (second from left) shares a light moment with four other members of the company’s board after their re-election during the company’s annual stockholders’ meeting on 29 May 2025. With him are (from left) director Manolo Michael T. De Guzman, president and COO Francis Giles B. Puno,  and independent directors Alicia Rita L. Morales and Edgar O. Chua. Not in photo are re-elected directors Richard Raymond B. Tantoco, Manuel L. Lopez Jr., Elvira L. Bautista and Maria Presentation L. Abello, as well as new independent director Manuel I. Ayala. First Gen is a leading independent power producer in the Philippines. It operates a diverse portfolio of 32 power plants with a total installed capacity of 3,639 megawatts at the end of 2024. These facilities generate power across the Luzon, Visayas, and Mindanao grids, supporting the country’s energy needs.

    DA steps up effort to modernizes livestock, feed sectors

    The Department of Agriculture (DA) is intensifying efforts to modernize and safeguard the country's livestock, feed mill, and gamefowl industries, Agriculture Secretary Francisco P. Tiu Laurel Jr. said Thursday, in line with President Ferdinand Marcos Jr.’s goal of achieving food security and rural development.

    Credit growth moderates as liquidity expansion cools

    Bank lending growth continued to moderate in April, mirroring a deceleration in domestic liquidity, according to the Bangko Sentral ng Pilipinas (BSP), which reaffirmed its commitment to maintaining monetary conditions aligned with price and financial stability objectives.

    ACEN unit powers Mapúa Malayan full renewable shift

    Mapúa Malayan Colleges Laguna (Mapúa MCL) has fully shifted its entire Cabuyao, Laguna campus to renewable energy through a partnership with ACEN Renewable Energy Solutions (ACEN RES), reinforcing its commitment to sustainability and climate action.

    Converge reshuffles leadership to strengthen tech and commercial strategy

    Converge ICT Solutions Inc. has announced a strategic overhaul of its leadership team aimed at reinforcing its transformation into a technology-driven company and securing long-term commercial growth.

    Just in

    Agri damage from habagat, storms soars to P5.01B

    Damage to the agriculture sector from the southwest monsoon and tropical cyclones Mirasol, Nando, and Opong has climbed to P5.01 billion, the Department of Agriculture (DA) reported in its noon advisory on Wednesday, October 8.

    Econ Adviser denies investor pullout amid corruption probe

    The Philippines continues to receive investment pledges despite the ongoing investigation into alleged corruption in flood-control infrastructure projects, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go said Thursday.

    BSP cuts policy rate to 4.75% amid weak growth outlook

    The Bangko Sentral ng Pilipinas (BSP) unexpectedly cut its benchmark interest rate by 25 basis points to 4.75 percent during its rate-setting meeting today, defying widespread market expectations of a hold at 5 percent.

    DOTr secures key ROW areas to accelerate NSCR completion

    The Department of Transportation (DOTr) announced Thursday the successful acquisition of right-of-way (ROW) in six critical areas from Calumpit, Bulacan to Clark, Pampanga, aimed at accelerating the completion of the North-South Commuter Railway (NSCR) System.
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