Top News
President Marcos extends Meralco franchise through 2050
President Ferdinand Marcos Jr. has signed into law a measure extending the franchise of Manila Electric Co. (Meralco), the country’s largest power distributor by sales and footprint, for another 25 years through 2050, Malacañan announced Tuesday.
NGCP wheeling rates rise 4.81% in March; transmission charges climb 11.51%
The National Grid Corporation of the Philippines (NGCP) announced a 4.81 percent increase in its transmission wheeling rates for the March 2025 billing period, a development expected to impact the power cost structures of distribution utilities and electric cooperatives nationwide.
Uncertainty trumps BSP rate cut at T-Bill auction
Treasury bill (T-bill) yields moved mostly higher at Monday’s auction, as investor sentiment wavered due to renewed global trade tensions.
Easing oil prices helping boost optimism for continued PH growth this year – BSP
The price of oil forecast even lower than USD70 a barrel this year is seen providing some of the avenues of continued growth for the Philippines this year against a global background made even more challenging by reciprocal tariffs instigated by US president Donald Trump.
Agri, trade chiefs intensify Bantay Presyo operations in NCR markets
The Department of Agriculture (DA) and the Department of Trade and Industry (DTI) have intensified their joint Bantay Presyo market monitoring operations across the National Capital Region (NCR) to curb overpricing and protect consumers.
