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Japan helps Manila build $150M submarine cable

The Philippines is expanding its submarine cable network and has contracted the Japanese telecommunications giant IPS Inc. and affiliate InfiniVAN Inc. in a $150 million project linking Luzon to islands in the Visayas and Mindanao.

President Marcos sets price ceiling for rice; well-milled capped at P45/Kilo 

President Ferdinand Marcos Jr. has set price ceilings on rice to counter alleged price manipulation that has driven higher the cost of the country’s staple food, his office said Friday.

TIMELINE – Global rice supplies tighten after India’s July export ban

Rice prices in key exporting countries including Thailand and Vietnam have climbed around 20 percent since India, the world's biggest shipper of the grain, banned shipments of a key variety in July, tightening global supplies.

Aboitiz Power vehicle fleet seen 40 percent clean by 2030

Aboitiz Power Corp. on Thursday targets to covert 40 percent of its fleet of four-wheelers and bikes into electric vehicles by 2030 and fully electric by 2040.Aboitiz Power said the target supports the Electric Vehicle Industry Development Act which mandates industrial and commercial firms to keep at least five percent of its fleet as EVs.

NPC turns over P280 million worth of solar projects

The National Power Corp. (NPC), in tandem with the European Union (EU) and the World Bank (WB), has turned over completed solar power plants to electric cooperatives (ECs) in Samar, South Cotabato and Sultan Kudarat in ceremonies held Thursday in General Santos City.

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Solar irrigation brings big savings to CamSur farmers

Farmers in Camarines Sur now have a more affordable and reliable way to water their crops after the Department of Agrarian Reform (DAR) turned over P332 million worth of solar-powered irrigation systems.

Fuel supply dips slightly; diesel imports to arrive this month 

The countey’s total fuel supply is projected to last just 50.42 days, down slightly from last week’s 50.94 days, the Department of Energy (DOE) reported Tuesday. The inventory covers gasoline, diesel, kerosene, jet fuel, fuel oil, and LPG, including fuel already in the country and shipments confirmed through May 1.

Meat imports surge, led by pork and chicken

Meat imports jumped 22.9 percent in the first two months this year, reaching 292.1 million kilograms, up from 237.7 million kg during the same period in 2025, the Bureau of Animal Industry (BAI) reported Tuesday.

Government budget deficit narrows in February amid revenue surge

The National Government’s fiscal position improved in February, with the budget deficit slightly narrowing to P171.2 billion from P171.4 billion a year ago, as a sharp rise in revenues helped offset faster spending growth.

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