Power giant Manila Electric Co. is revving up for a historic spending cycle, lining up P272.2 billion in capital expenditures to modernize its grid, harden infrastructure, and keep pace with the country’s swelling power demand.
Energy heavyweights Manila Electric Co. (Meralco) and Aboitiz Power Corp. (AboitizPower) have joined senior US and Philippine officials in accelerating civilian nuclear cooperation, marking a decisive step in Manila’s bid to integrate nuclear energy into its power mix by 2032.
Metropolitan Bank & Trust Co. (Metrobank) posted a net income of ₱12.6 billion in the first quarter of 2026, supported by steady asset growth, improved margins, and higher fee-based income.
Philippine inflation surged to a three-year high in April, exceeding expectations and strengthening the case for further monetary tightening, according to data released by the Philippine Statistics Authority.
The Technical Education and Skills Development Authority (TESDA) and Nestlé Philippines are ramping up a joint initiative to upskill Filipino coffee farmers, aiming to boost productivity, enhance bean quality, and create more sustainable livelihoods in rural communities.
The Philippines’ agricultural trade deficit widened sharply in March as import growth continued to outpace exports, highlighting persistent supply constraints despite rising overall trade, according to the Philippine Statistics Authority.