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DA plans setting P53/kilo SRP for local rice

Agriculture Secretary Francisco P. Tiu Laurel Jr. announced Tuesday that the Department of Agriculture (DA) has reached an agreement with rice industry stakeholders to set a suggested retail price (SRP) of P53 per kilo for local rice, striking a balance between farmers’ profits and consumers’ budgets.

Meralco says ERC rejects NASECORE bid to stall rate reset

Manila Electric Co. (Meralco) said its pending rate reset application before the Energy Regulatory Commission (ERC) will move forward after regulators denied a bid by consumer advocacy group National Association of Electricity Consumers for Reforms Inc. (NASECORE) to stall the proceedings.

Top Line steps up Visayas fuel hub expansion

Listed fuel distributor and retailer Top Line Business Development Corp. (TOP) is ramping up its expansion in the Visayas with plans to develop a major fuel logistics and storage hub in Cebu, a move seen to strengthen its supply chain and position the company for long-term growth in the regional energy market.

Filinvest Land settles P1.76B bond on May 18 maturity

Filinvest Land Inc., the listed property development arm of the Gotianun Group, completed the payment of its 5.5-year fixed-rate bonds worth P1.76 billion on May 18, 2026, fulfilling its obligations on the securities’ maturity date.

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