DA orders FTI to buy mung beans, chili to steady prices, cut imports
Agriculture Secretary Francisco P. Tiu Laurel Jr. has directed state-owned Food Terminal Inc. (FTI) to buy large volumes of mung beans and chili peppers directly from local farmers to stabilize prices and reduce dependence on imports.
Globe, Starlink bring cell towers spaceward
Globe Telecom has made history by becoming the first mobile network operator to launch Starlink’s Direct to Cell (DTC) satellite service in the Philippines and Southeast Asia—and the second in Asia—marking a major leap toward universal mobile connectivity in the country.
MacroAsia breaks ground on aviation hub
MacroAsia Corp. (MAC), through its majority-owned unit MacroAsia Airport Services Corp. (MASCORP), has begun construction of a new six-story headquarters aimed at strengthening its aviation services operations, following a formal groundbreaking ceremony held today.
Del Monte Pacific distances form Chapter 11 case
Del Monte Pacific Limited (DMPL) moved to clarify its position as its indirect subsidiary, Del Monte Foods, Inc., advances through Chapter 11 proceedings following a court-supervised auction of the US business.
Big power groups jostle for Meralco’s 200MW RE
Major power generation groups are emerging as key contenders in Manila Electric Co.’s (Meralco) Competitive Selection Process (CSP) for its 200-megawatt renewable energy (RE) baseload supply, highlighting how established energy players are positioning themselves for long-term clean power contracts.
