Citicore Renewable Energy Corp. (CREC) has signed a ₱3.98-billion project finance loan with the Bank of the Philippine Islands to help complete its 113-megawatt Citicore Solar Pangasinan 2 project in Binalonan. BPI Capital Corp. acted as the sole lead arranger.

Agriculture Secretary Francisco Tiu Laurel Jr. signaled a major shift in the country’s rice import strategy on Wednesday, issuing an advisory that points to significantly lower import requirements for the first quarter of 2026.

ABS-CBN said it has received TV5’s notice ending their TV Content Supply Agreement, a move the network described as a major setback as it continues to recover from the loss of its broadcast franchise.