Sunday, 11 January 2026, 11:52 pm

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    BOP deficit in December 2024 reflects economic shifts, but overall surplus signals resilience

    The country's balance of payments (BOP) position, or what is left after Manila's foreign-currency expenses are deducted from its foreign currency earnings, posted a significant shift in December 2024, registering a deficit of USD1.5 billion, reversing the USD642 million surplus seen in the same month of 2023.

    DA projects record palay output despite challenges

    The Department of Agriculture (DA) is optimistic about surpassing last year's rice production figures, with projections aiming for a new record in palay output this year.

    DA appeals SC ruling allowing commercial fishing in municipal waters

    The Department of Agriculture (DA), through the Office of the Solicitor General, has filed a motion for reconsideration with the Supreme Court to reverse a controversial ruling that allows commercial fishing vessels to access municipal waters, traditionally reserved for small-scale fishers under the Fisheries Code. The move comes as the DA warns that the decision could have serious legal and environmental consequences for the fishing industry.

    MVP acknowledges succession challenges at MPIC, PLDT

    Manuel V. Pangilinan, the long-serving chairman and CEO of Metro Pacific Investments Corp. (MPIC) and PLDT Inc., has confirmed that both companies are facing significant succession issues as he approaches the twilight of his career.

    Maynilad IPO in the Works – MVP

    Maynilad Water Services Inc., the West Zone water concessionaire, is in talks with banks for its planned initial public offering (IPO) on the Philippine Stock Exchange, as part of its mandatory listing requirement by 2027.

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    Itogon’s Sangilo mine plans major upgrade to boost output

    The Department of Environment and Natural Resources (DENR) will hold a public scoping on January 27, 2026, for the proposed expansion of the Sangilo gold and silver mines in Itogon, Benguet.

    Stockbroker cites low inflation, cheap stocks as reasons to stay invested in PH

    COL Financial Group Inc. is advising investors to stay invested in the stock market, citing low inflation, easing interest rates, and cheap stock prices despite economic and global headwinds.

    MGEN draws line between solar deals

    Meralco PowerGen Corp. (MGEN) moved to dispel mounting speculation over its renewable energy investments, stressing that its stake in SP New Energy Corp. (SPNEC) has no connection to the solar franchise held by Solar Para Sa Bayan Corp. (SPBC), a company linked to the Leviste group.

    PSE eyes P170 billion in capital raising in 2026

    The Philippine Stock Exchange Inc. (PSE) said it could raise about P170 billion in capital funds this year through initial public offerings (IPOs), private placements and preferred share sales, about 20 percent higher than the P140 billion raised last year.

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