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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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Maya puts users in control as it bolsters cybersecurity for digital financial services

Maya has stepped up its cybersecurity framework, placing greater control directly in users’ hands to help protect their accounts.

LG expands ‘fit & max’ appliance lineup: space-smart design without compromise on performance

For households navigating compact condos, apartments, or family homes, finding appliances that fit limited spaces without sacrificing capacity, performance, or convenience has long been a common challenge.

Globe bolsters online safeguards, blocks violence-linked sites; backs unified industry and government action

Globe is strengthening its online safety safeguards and blocking hundreds of websites that promote or depict extreme violence — including content related to school shootings — as part of broader efforts to protect children and young people from harmful digital material.

Supercentenarians have immune systems that fight back 

Living to 110 is already an extraordinary feat. Doing it with an immune system apparently stocked with an unusually large squad of cancer-killing cells makes the achievement even more intriguing.

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