Electricity prices at the Wholesale Electricity Spot Market (WESM) rose by 30.6 percent in April, reaching an average of P5.36 per kilowatt-hour from P4.31 in March, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
Singapore is no longer just a distant dot on Top Line Business Development Corp.’s growth chart. It has become a very literal marker of how far the company has travelled in 12 years, from a Visayas-based real estate developer to an emerging energy player now thinking in global supply routes.
The government is ready to immediately enforce a ₱50-per-kilo price cap on imported rice to help ease the burden of rising food prices on Filipino consumers, the Department of Agriculture (DA) said.
PLDT Inc. is set to take full control of Radius Telecoms Inc. after its board approved the acquisition of the remaining 65.1 percent stake in the broadband infrastructure provider from Paragon Vertical Corp. for P2.94 billion.
The Bangko Sentral ng Pilipinas is leading the development of a new National Strategy for Financial Education (NSFE) aimed at improving the financial health of Filipinos by helping them make better money decisions.
The Philippine stock market is navigating a mixed outlook as the PSEi contends with renewed foreign selling, offset partially by improving domestic investor sentiment and anticipated foreign inflows into the local bond market.
The Philippines sees strong potential for expanded two-way tourism with Western China as cross-border travel interest grows alongside improving air connectivity.
Goldilocks Bakeshop has partnered with First Gen to operate a new solar power facility for its production plant in Lapu-Lapu City, Cebu, marking a major step in the bakery chain’s sustainability efforts.
Cebu Pacific reported a net loss of P400 million in the first quarter of 2025, reversing the P466 million profit it posted in the same period last year, as the airline was hit by a weaker peso and rising jet fuel prices.
The Department of Human Settlements and Urban Development (DHSUD) has launched a nationwide intervention to address mounting delays in housing-related transactions, deploying top officials and undersecretaries to all 17 regional offices following an internal audit that traced processing bottlenecks to the field level rather than the agency’s Central Office.
The Department of Environment and Natural Resources has introduced a nationwide standard for handling environmental law enforcement cases, aiming to strengthen investigations, arrests, evidence handling, and prosecution of environmental crimes.
The Department of Information and Communications Technology (DICT) is proposing the creation of a government-owned and controlled corporation (GOCC) to manage the eGovPH app, aiming to make the platform financially sustainable and improve its operations.
The Private Sector Advisory Council (PSAC) Healthcare Sector welcomed the continued expansion of PhilHealth’s YAKAP and GAMOT programs, saying the reforms are helping reduce healthcare costs for Filipino families.
The sudden leadership shake-up in the Senate ahead of the impeachment trial of Vice President Sara Dutertel may yet prove a poisoned chalice—a glittering prize that offers control today but threatens political liability tomorrow.
“Every kingdom divided against itself is brought to desolation, and every house divided against itself will not stand.” In the Lopez corporate universe, the verse now reads less like scripture and more like a live governance case file—complete with injunctions, contested boardrooms, and competing versions of who nearly switched off the lights.
Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.
Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.