Thursday, 05 February 2026, 4:23 am

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    ADB appoints Jeffries as Philippine director

    The Asian Development Bank (ADB) has appointed Andrew Jeffries as its new Country Director for the Philippines. He assumes his new role on Monday, August 18.

    Arthaland’s Furusato Land secures key Cebu property

    Listed real estate firm Arthaland Corp. announced that its newly established subsidiary, Furusato Land Corp., has acquired a significant stake in 14 parcels of land in Cebu City.

    Regular milled rice price ease in early August—PSA data

    The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.

    ERC raises market share limits for grid operators

    The Energy Regulatory Commission (ERC) has raised the installed generating capacity (IGC) and corresponding market share limitations (MSL) for both national and regional grids, reflecting recent additions to the country's power supply mix.

    PH retains third largest U.S. sugar export quota for 2026

    The United States Trade Representative (USTR) has maintained the Philippines' allocation of 145,235 metric tons (MT) of raw cane sugar under the World Trade Organization (WTO) tariff-rate quota (TRQ) system for fiscal year 2026, covering the period from 1 October 2025 to 30 September 2026.

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    Ayala Land takes a cautious approach to capital market amid uncertainties

    Ayala Land Inc. said it is not in a hurry to raise funds from the capital market, citing current uncertainties. The property developer still plans to tap the market this year to refinance around P20 billion in maturing debts, but will time any issuance according to its refinancing schedule, CFO Jose Eduardo Quimpo II said.

    AppleOne Medical Group expands in Visayas and Mindanao

    AppleOne Medical Group is expanding its hospital network across the Visayas and Mindanao to improve access to quality healthcare, especially in underserved areas. 

    PSEi seen rounding 2026 at 7,100 on strong earnings, easing rates

    The Philippine Stock Exchange index (PSEi) could finish the year at around 7,100 points, supported by solid corporate earnings and improving economic conditions, according to Philstocks Financials Inc. If reached, this level would signal renewed confidence in the stock market after recent volatility and reflect better prospects for listed companies.

    House trashes impeachment raps vs President Marcos

    The House of Representatives’ justice committee on Wednesday, February 4, junked two impeachment complaints against President Ferdinand Marcos Jr., saying the petitions failed to sufficiently establish impeachable offenses. The dismissal effectively grants Marcos a one-year immunity from impeachment, as the Constitution allows only one proceeding against an official per year. The complaints, separately endorsed by Pusong Pinoy Rep. Jett Nisay and the Makabayan bloc, faulted the President for flood control failures and budgetary problems. The Makabayan-backed petition went further, alleging systemic corruption through a “BBM parametric formula,” abuse of unprogrammed funds, and Marcos’ alleged direct role in kickbacks.
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