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ACEN is expanding its renewable energy footprint in Northern Luzon with San Manuel Solar, its first solar power project in Pangasinan, reinforcing the company’s push to support the Philippines’ transition to a low-carbon energy system.

Average yields on Treasury bills declined at Monday’s auction, as strong demand for short-term government debt reflected expectations of at least one more policy rate cut this year.

Philcement Corp., a subsidiary of listed PHINMA Corp. (PHN), confirmed it has received the investment of Sumitomo Osaka Cement Co. Ltd. for the Japanese company's acquisition of a 15 percent stake in the cement manufacturer through the issuance of primary shares.

Phile Mining Corp. said operations at its Padcal Mine were disrupted following a structural failure at the mill plant over the weekend, dealing a setback to daily production at one of the country’s longest-running mining operations.