NGCP sends the grid under red alert when the power supply cannot meet consumer demand in the transmission grid's regulating requirement. The power transmission company also placed the Visayas grid under red alert.
The government, in consultation with tollway operators, is rolling out a toll rebate program beginning in June this year to help shield agricultural products from the brunt of rising inflation.
The decision of the National Food Authority (NFA) Council to raise the palay buying price has allowed the agency to exponentially increase its palay inventory in only a month.
Philippine export of agricultural products in the first quarter rose 11 percent year-on-year to USD1.72 billion, helping narrow the country’s deficit in the trade of farm and fishery products during the January-March period.
The Bangko Sentral ng Pilipinas kept key interest rates unchanged at its policy meeting on Thursday, noting inflation risks remain tilted toward the upside. Even so, the central bank dangled the possibility of policy easing as early as August this year.
Tanduay is sharpening its push into the premium spirits market after winning the Best Brand Immersion Experience award at Whisky Live Manila 2026, where strong attendee turnout and product demand underscored interest in Filipino-made rum.
Aboitiz InfraCapital is seeking alternative water sources and strengthening contingency measures for its Davao City bulk water operations as intensifying El Niño conditions threaten supply reliability through 2027.
Philippine stocks could extend losses this week as higher interest rates, persistent inflation, and peso weakness threaten corporate earnings, with analysts urging investors to favor defensive shares until clearer signs of a market recovery emerge.
Aurora Gaming proved that the Northern Lights shine brightest when the odds are darkest, capturing its first Mobile Legends Professional League Philippines (MPL PH) championship after a long wait with a comeback victory over Team Falcons PH on Sunday.