Tag: Security Bank Corp.

Negros Electric and Power Corp. (Negros Power) has secured a 20-megawatt (MW) power supply agreement (PSA) with Aboitiz Power Corp. The deal, signed on November 13, aims to provide Central Negros with a more stable, sustainable, and cost-efficient electricity supply.

Agricultural losses from Typhoons Uwan and Tino have surged past ₱4.14 billion, with assessments still ongoing, according to the Department of Agriculture (DA). Uwan caused the bulk of the damage at ₱3.17 billion, battering over 34,000 farmers and nearly 26,000 hectares of farmland. High-value crops—vegetables, spices, fruits, legumes, root crops, coffee, and cacao—sustained ₱1.52 billion in losses, while rice farms accounted for ₱1.47 billion across multiple regions in Luzon and Eastern Visayas.

The Philippines and South Korea have signed a new agreement to strengthen protections and opportunities for Filipino seasonal farm workers.

ATPI, a global marine travel and logistics company, said the Philippines continues to be one of its most important crew source markets, citing the country’s large pool of highly skilled, English-proficient seafarers.