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.
Philippine Treasury bill yields climbed again at Monday’s auction, fueled by inflation concerns, tighter monetary policy expectations, and geopolitical uncertainties.
The Philippine Sugar Millers Association (PSMA) said the country currently has enough refined sugar supply, even as demand for locally produced sugar has weakened.
The Visayas power grid was placed under yellow alert on Monday, marking the sixth alert for the region this month due to ongoing power plant outages and reduced electricity supply.
The Philippine Airlines and Qatar Airways have expanded their strategic partnership to make travel between the Philippines, the Middle East, and Europe more seamless starting June 1, 2026.