The Governance Commission for GOCCs or GCG said on Wednesday it is working to resolve issues raised under the Compensation and Position Classification System for those working in government-owned and controlled corporations, particularly concerns underscored by Clark Development Corp.
Aboitiz Renewables Inc., the clean energy arm of Aboitiz Power Corporation, has officially launched its 92.55-megawatt peak San Manuel Solar Power Plant in Pangasinan. The project expands the company’s solar footprint in the province and supports the national goal of raising renewable energy’s share in the country’s power supply.
Foreign Currency Deposit Unit (FCDU) loans edged down 0.8 percent to US$15.44 billion in the first quarter of 2026, a drop of US$122.25 million from the end-2025 level of US$15.56 billion, according to latest data.
The Department of Transportation (DOTr) and LTFRB have selected GCash to deliver fuel subsidies digitally to eligible public utility vehicle (PUV) drivers and operators across the country. The move comes amid rising global oil prices fueled by tensions in the Middle East, which have squeezed the daily earnings and livelihoods of transport workers.
Property giant Megaworld Corp. booked a surge in office lease renewals in the first half of 2026, signaling that demand for well-located, integrated workspaces remains robust even as companies continue to recalibrate their workplace strategies.