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First Holdings annual meeting set; new directors vote hangs

First Philippine Holdings Corp., commonly known as First Holdings, has set its 2026 Annual Stockholders’ Meeting for July 27, but warned that the election of directors may be deferred if a deepening family and governance dispute remains unresolved.

Primelectric to replicate Negros success in SOCOTECO bid

Primelectric, majority shareholder of Ignite Power, wants to replicate its track record with Central Negros Electric Cooperative (CENECO) for its proposed partnership with South Cotabato II Electric Cooperative (SOCOTECO II).

Refining disruption squeezes Petron Q1 profit amid oil shock

Petron Corp., the Philippines’ largest oil company and sole remaining refiner, posted a sharp earnings decline in the first quarter of 2026 as refinery disruptions and global crude volatility weighed on margins despite stronger revenues.

FPIP, locators named among Tanauan City’s top taxpayers for 2025

The Tanauan City Government has recognized First Philippine Industrial Park (FPIP) and 10 of its locators as among the city’s top business and real property taxpayers for 2025.

ACEN deepens wind project funding support

ACEN Corp. has extended further financial backing for its flagship wind development in Quezon, underscoring continued capital support for one of its largest renewable energy projects in the Philippines.

Just in

Peso slide to P63 vs USD, spur costs, inflation risks

The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.

Jollibee bags Advertiser of the Year, wins 10 SMARTIES 

Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.

DTI assured stable prices, supplies ahead of Christmas

The Department of Trade and Industry (DTI) has urged consumers to avoid panic-buying and hoarding, assuring the public that supplies of basic goods remain adequate and prices stable ahead of Christmas and the anticipated Super El Niño.

DMCI Power’s ₱3-B Palawan coal plant set for November public review

The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.
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