Monday, 22 December 2025, 2:50 am

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    Indo-Pacific trade deal prospects dim as 2024 US election year politics loom

    The Biden administration has vowed to continue negotiating an ambitious Asia trade deal, but election-year pressures and resistance to tough commitments from some countries make a deal unlikely, trade experts and business groups say.

    SMEs that digitalize payment will see increased efficiency, savings: BSP exec

    Small and medium-scale enterprises (SMEs) stand to gain several benefits if they digitalize their payment processing, among them increased business efficiency and lower expenses,...

    Regulator clears Robinsons Retail’s acquisition of Rose Pharmacy Inc.

    Robinsons Retail Holdings Inc. said Friday the Philippine Competition Commission has cleared the acquisition by its unit, South Star Drug Inc., of the entire shareholdings of Rose Pharmacy Inc. 

    First Gen secures LNG supply for 4 Batangas power plants

    First Gen Corp. said Friday it has concluded the international tender for around 154,500 cubic meters of liquefied natural gas that will fuel four gas-fired power plants in Batangas.

    Mandatory engine inspections compel Cebu Pacific to consider wet aircraft leases

    Cebu Pacific on Tuesday bared considering a wet lease agreement with aircraft charter company Bulgaria Air as the number of grounded aircraft with engine issues around the globe steadily rises. 

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    Sugar import ban to stay another year

    The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.

    ERC clears NGCP’s P12.96B Camarines Sur substation

    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.

    Tawi-tawi power coop restructures P400M debt

    The Department of Energy (DOE) said a new debt restructuring agreement between Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative (Tawelco) is expected to address around P400 million in unpaid obligations and help stabilize electricity service in the province, particularly in Bongao.

    DM Wenceslao tower gains PEZA status

    DM Wenceslao & Associates Inc.’s 8912 Asean Avenue has secured a major regulatory boost after the government declared the property a Philippine Economic Zone Authority–registered Information Technology Center, strengthening Aseana City’s appeal to global IT and business process management locators.

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