Meralco rates down by P0.1637 per kWh for January
Lower transmission charges pushed Manila Electric Company’s (Meralco) power rates down by P0.1637 per kilowatt-hour (kWh) in January 2026, the…
Central bank extends by 2 years single borrower’s limit for green projects
The Bangko Sentral ng Pilipinas (BSP) has extended for two years its regulatory incentives that allow banks to increase sustainable…
DBM bans politicians from cash aid distribution under 2026 GAA
The 2026 General Appropriations Act (GAA) stops politicians from joining the distribution of cash assistance by government agencies, according to…
Global trade growth forecast to slow to 2.2% in 2026
Global trade growth is projected to slow to 2.2 percent in 2026 after outperforming expectations in the previous year, as…
$1.5-trilion US defense spending pushes defense stock prices
Global defense stocks rose on Thursday after US President Donald Trump called for a $1.5 trillion defense budget for 2027…
Competition commission approves sale of three PSALM power plants
The Philippine Competition Commission (PCC) has approved the sale of three power plants owned by the Power Sector Assets and…
Vehicle body firms back LTO drive vs illegally imported vehicles
The government’s campaign against the registration of illegally imported mini vans and Japan Domestic Market (JDM) kei cars has gained…
Marcos to visit UAE for sustainability meet, key economic, defense deals
President Ferdinand R. Marcos Jr. is set to visit the United Arab Emirates (UAE) on Monday for a working trip…
Samsung posts record Q4 operating profit on chip boom
SEOUL – Samsung Electronics Co. on Thursday projected a record-breaking operating profit of around 20 trillion won ($13.8 billion) for…
BSP not keen on defending peso versus dollar
As a service-driven economy, the Philippines has room to let the peso move freely even as the US dollar gets…