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UCME rate hike approved to fund power subsidies in off-grid areas

The Energy Regulatory Commission (ERC) has approved an increase in the Universal Charge for Missionary Electrification (UCME) starting the February 2026 billing.

Banana boom lifts PH farm exports as global rank rises

The Philippines is projected to rank second among the world’s biggest banana exporters in 2025, highlighting the growing role of agriculture in the country’s economy, according to a new report by the Food and Agriculture Organization (FAO) of the United Nations.

Hanabishi Karinderya: Small kitchens, big impact

In a country where some of the best business ideas are cooked over a single gas stove, Hanabishi Appliances is betting on the power of the humble karinderya. 

Factories rebound as Philippine PMI climbs in January

The Philippine manufacturing sector opened 2026 with renewed momentum, as the Purchasing Managers’ Index signaled a broad-based improvement in operating conditions in January, according to S&P Global. 

Thai beverage brands step up Philippine expansion

Thai beverage giants are stepping up their push into the Philippines, betting on surging demand for specialty drinks and globally inspired lifestyle concepts among Filipino consumers.

Just in

Apex profit surges, plans $300M copper project

Apex Mining Co. Inc. nearly doubled first-quarter earnings as soaring gold prices offset weaker production, while the listed miner unveiled an aggressive capital spending program anchored on a planned USD300-million copper project and the expansion of its Maco mine operations.

Alliance Select earnings hit by extended plant shutdown

Alliance Select Foods International Inc. swung deeper into the red in the first quarter as an extended plant shutdown, softer demand in key segments, and elevated operating costs weighed heavily on the seafood processor’s performance, prompting management to roll out cost and efficiency measures to stabilize operations.

Filinvest profit climbs despite slower GDP growth

Filinvest Development Corp, the listed investment holding company of the Gotianun Group, saw first-quarter net income rise by 8 percent, driven mainly by strong real estate sales and resilient banking operations. The conglomerate said it expects to sustain growth through 2026 despite rising inflation, slowing economic growth, and weaker contributions from its power business.

Lower spending slows retail, delays mall recovery

The Philippine retail sector continues to expand, but growth is easing as weaker consumer spending and global uncertainties slow mall recovery and reshape expansion plans.
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