Meralco says up to P9 billion more in refunds possible, pending ERC decision
The Manila Electric Co. (Meralco) said it may refund up to P9 billion more to customers, depending on the final decision of the Energy Regulatory Commission (ERC).
ADB: Philippines stays course despite inflation surge
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday.
Alsons Power highlights need for timely outage reporting
Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.
DigiPlus profit in Q1 falls as access rules bite
DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.
DICT targets up to 80% cut in broadband costs by 2028
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.
