Tuesday, 17 February 2026, 8:29 pm

    Tag: main

    Browse our exclusive articles!

    Meralco signals power rate hike in February

    Meralco customers face potentially higher electricity bills in February as the company foresees an increase in generation charges. In a statement released on Monday, Joe Zaldarriaga, Meralco vice president and head of corporate communications, said that the weak peso is largely responsible for the expected hike. The local currency's depreciated state increases the cost of Meralco's suppliers, most of which are dollar-denominated costs.

    Cost of money seen steady when MB meets on Thursday

    The monetary authorities are expected to keep the rate at which the Bangko Sentral ng Pilipinas (BSP) borrows from or lends to banks unchanged when the monetary board (MB) meets on Thursday this week to decide which way interest rates go.

    DA shifts to high-return projects with faster payback periods

    In a bid to ensure more efficient use of taxpayer money, Agriculture Secretary Francisco Tiu Laurel Jr. announced the agency's new focus on projects that offer an internal rate of return (IRR) of 12 to 14 percent per year and a payback period of no more than seven years. This approach to budgeting and operations marks a shift towards prioritizing investments that are both bankable and profitable, with non-investment-grade projects to be deprioritized, regardless of their agricultural viability.

    January GIR at US$103B; adequate buffer despite decrease

    The country’s gross international reserves (GIR), an indicator of capacity to pay foreign currency ovligations, stood at USD103.0 billion at the end of January 2025, down from USD106.3 billion at the close of 2024, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).

    Rice most expensive food item in 4Q 2024 survey

    A recent Social Weather Stations survey, conducted in partnership with the Stratbase Group, reveals that a majority of Filipinos believe rice saw the most significant price increase among food items in the past three months.

    Popular

    Meralco eyes Semirara coal mining rights as DOE prepares auction

    The Manila Electric Co. (Meralco) is considering joining the Department of Energy’s (DOE) planned auction for the rights to operate the Semirara Island coal resource in Antique.

    Bataan resident feedback sought in P500-M poultry farm project

    Residents of Abucay in Bataan will get a first look at a proposed P500-million poultry farm as the Department of Environment and Natural Resources, through the Environmental Management Bureau, opens a public scoping on February 24, 2026.

    Full digitalization seen restoring trust in tax system

    Tax reform advocate Mon Abrea is pressing for full digitization and structural overhaul to rebuild confidence in the Philippine tax system, arguing that credible reform is key to unlocking investment.

    DA sets up coffee office to revive struggling sector

    The Department of Agriculture (DA) has created a new Coffee Industry Development Office (CIDO) to revive the country’s struggling coffee sector and better manage government support for the crop.

    Subscribe

    spot_imgspot_img