The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.
The Department of Environment and Natural Resources (DENR) has introduced a new policy to unlock an estimated ₱38 trillion in production value from Philippine forests between 2027 and 2052, aiming to create jobs and raise rural incomes while protecting natural resources. DENR Administrative Order No. 2026-34 sets clear rules to identify and develop suitable forest lands through responsible, climate-friendly investments.
Integrated energy company Semirara Mining and Power Corp. (SMPC) posted higher second-quarter earnings as a strong rebound in its power business more than compensated for weaker coal production, highlighting the benefits of its integrated business model amid volatile energy markets.
Aboitiz Foundation is growing its partnerships with local groups across Cebu to boost community-led forest restoration under its CarbonPH climate initiative. Working with officials in Danao City and Balamban, the foundation is providing training and resources to help residents restore forests while building sustainable livelihoods.
The Departments of Trade and Industry (DTI) and Agriculture (DA) have intensified joint market inspections to keep rice and other essential goods fairly priced, signaling closer government oversight as authorities seek to contain food inflation and protect consumers' purchasing power.