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ERC determines higher-than-permissible NGCP MAR over four years; likely refund looms

The Energy Regulatory Commission (ERC) has determined a much lower value in the maximum allowable revenue (MAR) permitted of the National Grid Corporation of the Philippines (NGCP) for the years 2016 through 2020.

Exuberant spirits, beer sales push SMFB 9-month income 4% higher

San Miguel Food and Beverage Inc. on Wednesday reported brisk beer and spirits sales in the first nine months that boosted income by 4 percent to P27.5 billion from last year’s P26.34 billion.

Philippines farm output down 0.3% In 3Q on lower crop, fish production

The value of farm production in the third quarter declined 0.3 percent year-on-year, hurt by lower output of crops and fish, the Philippine Statistics Authority said Wednesday.

Sharp fall in imports narrows balance of trade gap in Sept

The Philippines’ balance of trade in goods showed a narrower deficit of USD3.51 billion in September, with the country importing less during the month...

T-bill rates push higher at auction

Treasury bill yields continued to climb at the auction Monday despite bid rejections, with the market still adjusting to the recent central bank rate...

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Security Bank clinches top honors at Asian Banker Fintech Awards 2026

Security Bank has won two major awards at The Asian Banker Global Financial Technology Innovation Awards 2026.

Swiss dental giant expands Batangas facility

The Philippines is strengthening its credentials as a hub for high-value manufacturing after Swiss dental technology firm Ivoclar Vivadent expanded its local operations with a new production facility in Batangas, signaling continued foreign investor confidence in the country’s skilled workforce and industrial base.

FDA digitized food registration, cuts red tape

The Food and Drug Administration (FDA) is stepping up its digital overhaul with a new online registration platform for processed food products, a move aimed at reducing paperwork, speeding up approvals, and strengthening regulatory oversight across the food sector.

DTI closes loopholes, tighten cement quality rules

The government is tightening its grip on cement quality control, rolling out stricter certification requirements aimed at preventing substandard imports from reaching construction sites before passing mandatory inspections.

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