Saturday, 11 October 2025, 3:22 am

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    “Optimize use of existing coal-fired infrastructure”

    Coal-fired power plants will continue to provide the base load upon which electrical grids in the Philippines will provide in the next forty years unless a new power source is found, the Department of Energy (DOE) said.

    “Taking care of reserve system key to ensuring uninterrupted power during La Nina”

    The Department of Energy supports a prompt lifting of the mandate suspending the payment of billions of pesos worth of electricity generated by companies...

    Discounted rice sale of only P29 a kilo muster NFA Council approval

    The National Food Authority (NFA) Council is selling aging buffer rice stocks via the various Kadiwa rolling stores for only P29 a kilo. 

    Rice, corn output seen lower in 2Q on El Nino impact—PSA estimates

    Rice and corn production is projected to have dropped in the second quarter, with water shortage caused by El Nino reducing both yield and areas cultivated for the important grains, the latest estimates from the Philippine Statistics Authority showed. 

    Four-month remittances aggregate $12 billion

    The personal remittances of overseas Filipinos, an important source of foreign exchange for the Philippines, grew by 2.8 percent in the first four months this year to USD 12.01 billion, the Bangko Sentral ng Pilipinas reported on Monday.

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    FDI slips to $1.3B in July, down 20% YTD

    Net foreign direct investment (FDI) inflows into the Philippines reached US$1.3 billion in July 2025, down 7.5 percent from US$1.4 billion in the same month last year, according to data from the Bangko Sentral ng Pilipinas (BSP).

    BSP lawyer wins Woman Influencer in Financial Services award

    Bangko Sentral ng Pilipinas (BSP) senior assistant governor Arifa A. Ala was awarded the “Woman Influencer in Financial Services Industry” by the World Financial Innovation Series (WFIS) on 24 September 2025 in Pasay City.

    AirAsia adds more flights for Undas rush 

    AirAsia Philippines has ramped up flight frequencies on key domestic routes this October in preparation for the anticipated travel surge during the All Saints’ Day long weekend.

    DPWH halts all reblocking projects nationwide amid corruption concerns

    Public Works Secretary Vince Dizon announced Friday the immediate suspension of all road reblocking projects nationwide, citing potential corruption in such activities.

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