The Department of Education (DepEd) has ended a decade-long deadlock in textbook procurement, recording a dramatic 289-percent surge in approved titles within a single year—exceeding the total number of textbooks procured in the previous ten years combined. “Hindi puwedeng kulang-kulang ang...
Axelum Resources Corp., the country’s leading manufacturer and exporter of coconut food products, reported an 88-percent surge in net income to ₱636 million in the first nine months of 2025 due to higher volumes and selling prices. In a disclosure to the Philippine Stock Exchange (PSE), the...
The Makati Business Club (MBC) is urging the government to streamline policies and intensify efforts to reduce landfill waste ahead of the upcoming Green Energy Auction (GEA), which will include waste-to-energy (WtE) technologies. In a briefer, the influential business group noted major gaps that...
The Department of Environment and Natural Resources (DENR) will begin auctioning off about 50 idle mining assets nationwide to the private sector as early as next month, in line with the government’s efforts to maximize the country’s vast natural resources. DENR Undersecretary Carlos Primo...
Senator Erwin Tulfo filed on Monday, Oct. 13, a bill seeking to criminalize the so-called “license for rent” scheme, a notorious practice that emerged as a central modus operandi in the past flood control scam probe hearings in the Senate. In filing Senate Bill 1453, Tulfo, who serves as...
Senator Loren Legarda on Thursday, Oct. 9, rejected the idea of including Antique as a nuclear power site, emphasizing that she will oppose the budget of whichever agency proposes it. Legarda, a staunch environmental advocate, brought it up during the subcommittee hearing deliberating the 2026...
An official of the Department of Environment and Natural Resources (DENR) on Wednesday, Sept. 10, pushed for a different, nature-based strategy when it comes to flood management. During the Senate hearing of the Committee on Environment, Natural Resources and Climate Change, DENR Undersecretary...
Razon-led Manila Water Co., Inc. has sold its minority stake in Thai water utility firm Eastern Water Resources Development and Management Public Company Limited for ₱1.1 billion as it divests non-core assets where it does not exercise control. In a disclosure to the Philippine Stock Exchange,...
While the Philippines is exploring the re-entry of nuclear power, securing financing may prove challenging as some local banks remain cautious about backing such projects. In an exclusive interview, Michael Ricafort, Chief Economist at Rizal Commercial Banking Corp. (RCBC), explained that the high...
Yuchengco-led PetroEnergy Resources Corp. (PERC) reported a 12 percent decline in net income in the first half of the year due to low oil prices and rising expenses for new renewable energy projects. In a disclosure to the Philippine Stock Exchange on Friday, Aug. 15, the company noted that its...
Metro Pacific affiliate Axelum Resources Corp., the country’s leading manufacturer and exporter of coconut food products, expects a stronger second-half performance after posting a six-percent improvement in net income to ₱220 million for the first semester of the year. The firm informed the...
After reducing its stake in EEI Corporation last year, the Yuchengco Group’s flagship House of Investments (HI) has laid down its ₱22 billion investment plan for 2025 and 2026 focusing on expanding its renewable energy, property, and education businesses. “Our investment roadmap is more than...
