Manila Electric Company (MERALCO), led by Manuel V. Pangilinan, and the Philippine National Police (PNP) have renewed their shared commitment to stop electricity theft and the illegal taking of power distribution facilities and materials.
Ayala Corp. said Thursday first-half net income fell 2 percent to P22.86 billion from P23.35 billion, hit by weaker property results and 2025 one-off gains including partial Mynt stake sale tied to Mitsubishi’s AM 50 Ventures entry.
Damage to the agriculture sector from the enhanced southwest monsoon and Tropical Cyclones Luis and Maymay has risen to P689.66 million, the Department of Agriculture (DA) reported in its 1 p.m. advisory on Thursday. The figure is nearly double the P347.37 million recorded as of Wednesday.
The Philippines is hosting the 13th ASEANTOM Annual Meeting from 11 to 13 August 2026 in Manila to strengthen ASEAN cooperation on nuclear safety, security and safeguards.
San Miguel Corp. is strengthening support for micro, small, and medium enterprises through a partnership with the ASEAN Business Advisory Council Philippines aimed at expanding business linkages, supply-chain opportunities, and access to regional markets.
Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.
Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.
Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.
San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.