The Manila Electric Company (Meralco) on Thursday announced an upward adjustment of P0.5738 per kWh in the February electricity rate. This brings the overall rate for a typical household to P11.9168 per kWh this month from P11.3430 per kWh in January.
Globe Telecom Inc. said it widened the range of prior year’s core net income that it could declare as dividend to shareholders, signaling a significant reduction in capital expenditure spending in the coming years.
Industrial production in the Philippines, which measures the performance of the various industrial units such as manufacturing, mining and others, rose 2 percent in volume terms in December. In value terms, industrial production grew 2.6 percent.
Maya Bank Inc., the fintech arm of PLDT Inc., on Tuesday reported doubling its depositors to 3 million last year, its deposits totaling P25 billion or 69 percent more than previous.
Construction activity in the Philippines continued to weaken in November 2025, with approved building permits pointing to a sustained slowdown as developers adopt a more cautious stance.
Philippine equities continue to show underlying strength despite the PSEi’s recent mild pullback, which analysts view as a natural bout of profit-taking after a sharp advance.
The Fertilizer and Pesticide Authority (FPA) has banned the online selling and trading of fertilizers and agricultural pesticides, saying these products may only be sold over the counter by authorized dealers.
Citicore Renewable Energy Corp. (CREC) has set aside up to $2 billion in capital spending for 2026, double last year’s roughly $1 billion budget, as it ramps up renewable energy and battery storage projects.