The Department of Energy (DOE) has cracked down on fuel retailers that allegedly ignored the government-backed staggered fuel price increase scheme, issuing at least 55 show cause orders to stations suspected of irregular pricing practices.
ACEN Corp., the renewable energy arm of the Ayala Group, reported a sharp drop in net income for 2025 as weaker power prices, weather disruptions, and asset impairments weighed on earnings despite strong growth in renewable energy output.
The Department of Transportation (DOTr) has ordered stricter enforcement against public utility vehicle drivers who overcharge passengers as fuel prices continue to rise.
The Manufacturers Life Insurance Co. (Phils.) Inc. on Monday said it is still assessing the impact of the ongoing regional war in the Middle East on its business in the Philippines.