Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge.
Treasury bill yields rose across all tenors at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the possibility of further monetary tightening.
The country’s telecommunications sector is on track to pour at least $2.21 billion in capital investments this year alone, already surpassing the $2-billion milestone even before accounting for additional spending from major players, the Department of Information and Communications Technology (DICT) confirmed Tuesday.
The Philippine Chamber of Cooperatives Inc. is organizing more than three million member-owners into a unified, non-partisan voting bloc ahead of the 2028 elections, seeking to turn the cooperative sector’s economic weight into political influence.
The Social Security System’s (SSS) assets climbed to P1.36 trillion as of July 2026, strengthening the pension fund’s financial position and its capacity to sustain benefits for workers and retirees.