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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.

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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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