The Energy Regulatory Commission plans to extend its suspension of electricity service disconnections through the end of the year, though the policy will feature a narrower target audience to balance relief for consumers with the financial stability of power utilities.
The Department of Agriculture is preparing up to P45 billion in interventions as El Niño-related agricultural losses climb to P6.87 billion, while moving to strengthen rice reserves and keep imports available as a contingency against a sharper production shortfall.
Retail sales this year are projected to reach $123 billion, roughly ₱7.71 trillion at current exchange rate, marking a 1.7 percent growth from $121 billion last year, according to the United States Department of Agriculture's Foreign Agricultural Service in Manila.
Filinvest REIT Corp. (FILRT) has announced a major executive reshuffle, naming current Chairman Joseph M. Yap as its new President and Chief Executive Officer, effective October 15.