Monday, 12 January 2026, 1:21 am

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    BIR sues Wawao Builders over ‘ghost’ Bulacan project

    The Bureau of Internal Revenue (BIR) has filed criminal complaints before the Department of Justice against a major flood-control contractor over an alleged P48.39-million tax deficiency linked to a ghost project in Malolos City, Bulacan.

    Rice prices seen stable as import controls lapse; DA rolls out farm road tracker

    The Department of Agriculture (DA) said rice prices should remain stable even after the rice import ban ended last month, citing strong local production and adequate supply.

    SEC approves LUECO direct public offering

    The Securities and Exchange Commission (SEC) has approved the direct public offering (DPO) of La Union Electric Co. Inc. (LUECO), making it the second company to register under the regulator’s streamlined rules for power generation and electricity service providers.

    Eala claims spot in quarterfinals of Auckland tournament

    Filipina tennis star Alexandra Eala barely allowed the clock to catch its breath at the ASB Classic on Thursday, needing just 63 minutes to dismantle Croatia’s Petra Marcinko 6-0, 6-2 and stride into the quarterfinals of the WTA 250 event, her first of the 2026 season.

    CAMPI presses gov’t on auto incentives

    The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has urged the government to immediately release long-delayed incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program and to fast-track the rollout of its successor, the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program.

    Just in

    Itogon’s Sangilo mine plans major upgrade to boost output

    The Department of Environment and Natural Resources (DENR) will hold a public scoping on January 27, 2026, for the proposed expansion of the Sangilo gold and silver mines in Itogon, Benguet.

    Stockbroker cites low inflation, cheap stocks as reasons to stay invested in PH

    COL Financial Group Inc. is advising investors to stay invested in the stock market, citing low inflation, easing interest rates, and cheap stock prices despite economic and global headwinds.

    MGEN draws line between solar deals

    Meralco PowerGen Corp. (MGEN) moved to dispel mounting speculation over its renewable energy investments, stressing that its stake in SP New Energy Corp. (SPNEC) has no connection to the solar franchise held by Solar Para Sa Bayan Corp. (SPBC), a company linked to the Leviste group.

    PSE eyes P170 billion in capital raising in 2026

    The Philippine Stock Exchange Inc. (PSE) said it could raise about P170 billion in capital funds this year through initial public offerings (IPOs), private placements and preferred share sales, about 20 percent higher than the P140 billion raised last year.
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