OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.

The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.

Motorists may finally see relief at the pump as local fuel prices are projected to decrease this week, marking the first rollback following five straight weeks of price hikes.

The Securities and Exchange Commission is encouraging micro, small, and medium enterprises across the country to formally incorporate their businesses to access larger capital markets and secure long-term growth.

AirAsia Philippines has rolled out a special fare promotion with one-way base fares starting as low as P188 for select domestic and international routes, aiming to encourage more people to travel.

The country’s three largest telecommunications companies are set to jointly invest around $500 million to build a nationwide domestic submarine cable network, the Department of Information and Communications Technology (DICT) has announced. DICT Secretary Henry Aguda confirmed that PLDT Inc., Globe Telecom, and Converge ICT Solutions Inc. will carry out the project, which will create a far-reaching undersea fiber optic system running from Batanes in the north, looping around Palawan, and linking islands throughout the Visayas and Mindanao.

The Philippine Coconut Authority (PCA) has formalized a partnership with Japan’s Mitsui to test advanced nanotechnology designed to boost coconut farming, moving forward with President Ferdinand R. Marcos Jr.’s goal of building a modern, technology-driven and sustainable agriculture sector that raises output and improves the lives of farmers.