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DOE mulls longer power firm maintenance periods than are possible at present

The Department of Energy (DOE) plans extending power plants longer maintenance shutdowns than are allowed at present to help generation companies perform better and avoid more frequent outages in the future.

GSIS launches new digital tool to enhance government property management

The Government Service Insurance System (GSIS) has launched a new digital tool called Property Inventory Application (PIA) aimed at enhancing the management of government properties. PIA is part of the GSIS's commitment to strengthen the protection and stability of government infrastructure.

BSP held key interest rates steady, says cut may happen as early as August

The Bangko Sentral ng Pilipinas kept key interest rates unchanged at its policy meeting on Thursday, noting inflation risks remain tilted toward the upside. Even so, the central bank dangled the possibility of policy easing as early as August this year.

Goldilocks is set to roll out 30 franchise-owned stores in 2024

Goldilocks Bakeshop, Inc., one of the most enduring and beloved Filipino brands in the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores in 2024.

Cebu Pacific bares direct flights to Thailand’s DMK international airport

Cebu Pacific announced on Thursday a significant expansion of its Thailand service with the launch of direct flights to Don Mueang International Airport (DMK) starting July 16, 2024.

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Japan talks unlock Philippine farm export gains 

Philippines is moving to expand agricultural exports to Japan while simultaneously importing advanced logistics and post-harvest technologies that officials say could reshape domestic supply chains, Agriculture Secretary Francisco Tiu Laurel Jr. said following meetings in Tokyo.

First Gen: New hydro projects to deliver P16B annual income by 2031

First Gen Corp. expects its upcoming hydro power projects to generate roughly P16 billion in net income annually once fully operational by 2031.

Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

DA reforms El Niño Task Force amid threat of prolonged dry spell

The Department of Agriculture (DA) has reactivated its El Niño task force to prepare for a likely moderate-to-strong dry spell hitting in the fourth quarter of 2026 and lasting into early 2027. DA Secretary Francisco Tiu Laurel Jr. emphasized urgent, coordinated steps to shield crops, farmer incomes, food supply, and prices from harm.

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