Tuesday, 17 February 2026, 5:23 pm

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    ERC-approved FIT-all rate increase makes for more expensive electricity next month

    The Energy Regulatory Commission (ERC) has approved an upward adjustment in the feed-in-tariff allowance (FIT-All) rate, effective March 2025. This, the ERC said, ensures the sustainability of renewable energy (RE) incentives, with the new rate increasing by P0.0351 per kilowatt hour (kWh) for consumers in on-grid areas.

    BOC vows accountability in post-seizure cigarette resale bid

    Customs chief Bienvenido Y. Rubio said over the weekend that significant personnel changes will occur if investigations confirm that Bureau of Customs (BOC) staff members were involved in the attempted resale of P270 million worth of seized contraband cigarettes from Capas, Tarlac.

    PH FATF grey list exit sets stage for econ growth, credit rating boost

    The Bangko Sentral ng Pilipinas (BSP) has celebrated the country's removal from the Financial Action Task Force’s (FATF) grey list, a significant milestone in the country’s financial reforms in combating money laundering and terrorism financing. The FATF’s recent statement confirms that the Philippines has addressed critical deficiencies in its anti-money laundering (AML) and counter-terrorism financing (CFT) framework.

    BSP unfreezes P300B in deposit reserves

    The Bangko Sentral ng Pilipinas (BSP) has determined that the inflation and liquidity dynamics is such that the monetary board reduced the banks' reserve requirement ratios (RRRs) by 200 basis points (bps) beginning 28 March 2025.

    Weak peso, debt service burden push BOP into deficit in January

    The country’s overall balance of payments (BOP) posted a higher deficit of USD4.1 billion in January, compared to the USD740 million deficit recorded in the same period last year. The Bangko Sentral ng Pilipinas (BSP) attributed this development primarily to its net foreign exchange operations and the national government’s drawdowns from foreign currency deposits to meet external debt obligations.

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    Shipping firms back MARINA plan for mandatory online ticketing

    Domestic shipping operators have expressed support for a proposal by the Maritime Industry Authority (MARINA) to require online ticketing for inter-island passenger ships, calling it a major step toward modernizing sea travel.

    P400-M gift aims to fight college dropouts, support PHINMA scholars

    Business leader Magdaleno B. Albarracin Jr., vice chairman of PHINMA Corporation, and his wife Trinidad M. Albarracin have pledged P400 million to PHINMA Foundation Inc. to help students complete their college education.

    Viral AI caricature trend sparks fraud and privacy warnings

    A viral social media trend encouraging users to upload personal photos and ask AI tools to create caricatures based on their life and job is raising cybersecurity concerns.

    LRTA remits P276.7M to the Treasury

    The Light Rail Transit Authority (LRTA) has remitted P276.70 million in interest income to the Bureau of the Treasury (BTr), following a directive from the Department of Finance (DOF).

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