Friday, 07 November 2025, 3:09 pm

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    China, Singapore pursuing wind power project in Laguna

    China's leading wind turbine manufacturer Goldwind and Singapore-headquartered The Blue Circle (TBC) are to pursue the development of the 100.8-megawatt Kalayaan 2 wind project in Laguna.

    Restore some NFA functions in RTL extension, DA urges Congress

    The Department of Agriculture on Monday urged Congress to restore the National Food Authority's function as a rice price stabilizer and increase its fund allocation for programs to enhance rice production and farmers’ incomes as lawmakers’ deliberate on measures seeking to extend the Rice Tariffication Law.

    Meralco 1Q income up 11 percent; full-year income seen over P40 billion

    The Manila Electric Co. (Meralco) on Monday reported an 11 percent increase in consolidated core net income over three months this year reaching P10.1 billion compared to only P9.05 billion last year.

    DOTr urges LGUs quick adoption of mobility programs encouraging pedestrian power

    The Department of Transportation (DOTr) is urging local government units (LGUs) to step up the adoption of mobility programs with the use of human power to get from one point to the next.

    Gov’t budget shortfall narrows in March, widens in 1Q

    The Bureau of the Treasury (BTr) on Monday reported a narrower budget deficit in March as higher tax collection and dividend remittances from government corporations overshadowed the increase in spending.

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    Asiabest Group board approves valuation for target acquisitions

    Listed firm Asiabest Group International, Inc. (ABG) has approved the valuation of three companies it plans to acquire as part of its expansion program.

    Banks post steady growth, solid profits — BSP

    The Bangko Sentral ng Pilipinas (BSP) said the country’s banking sector remained strong and stable in the first half of 2025, backed by steady asset growth and solid profits.

    Gold price rally drives 68% income rise for OGP

    OceanaGold (Philippines) Inc. (OGP) reported a 67.8 percent surge in net income for the first nine months of 2025, reaching $49 million from $29.2 million a year earlier, driven by record-high gold prices.

    Gov’t eyes nuclear in power mix by 2032

    The Department of Energy (DOE) has reaffirmed the target to integrate nuclear power into the country's energy mix by 2032, while advancing renewable energy (RE) development through more than 10,000 megawatts (MW) of new capacities under the fourth round of the Green Energy Auction (GEA 4).

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