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The Development Budget Coordination Committee (DBCC), chaired by Budget Secretary Amenah F. Pangandaman, has approved a proposed P6.793 trillion national budget for 2026, up 7.4 percent from this year’s Projected 6.326 trillion allocation.

Aboitiz Power Corp. on Thursday received regulatory clearance from the Securities and Exchange Commission (SEC) to begin the public offering of its fixed-rate retail bonds, marking a key step in the company’s P100-billion shelf registration program.

Retail fuel prices across the country may drop next week, offering relief for businesses and households grappling with recent price hikes, as global oil markets cool amid easing geopolitical tensions.

Financial markets rallied Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel, offering investors a temporary reprieve from escalating tensions in the oil-rich Middle East.

The Philippine Solar and Storage Energy Alliance (PSSEA) on Tuesday expressed strong optimism over the appointment of DOE officer-in-charge Sharon Garin, citing her familiarity with the agency’s operations and stakeholders as a reassuring move for renewable energy investors. PSSEA Chair Theresa Cruz-Capellan lauded the continuity in leadership, emphasizing the need for predictable policy and regulatory environments.