Government debt service bill falls to P107B in Jan.
REUTERSBy Aubrey Rose A. Inosante, Reporter THE NATIONAL GOVERNMENT’S (NG) debt service bill plunged in January as amortization on domestic debt declined, the Bureau of the Treasury (BTr) said. Latest data from the BTr showed that the NG’s debt repayments fell by
ERC rushes power supply deals for electric co-ops
LINEMEN cut burned wires in Manila, April 25, 2025. — PHILIPPINE STAR/RYAN BALDEMORTHE ENERGY Regulatory Commission (ERC) is ramping up the approvals of power supply agreements (PSAs) to minimize electric cooperatives’ (co-ops) exposure to the Wholesale Electricity Spot Market (WESM)
P5-M pavilion to rise in New Clark City
THE Bases Conversion and Development Authority (BCDA) is building a P5-million multi-purpose pavilion within the Ayta Ethno Botanical Center (AEBC) in New Clark City, Tarlac. “In New Clark City, our goal is to ensure that economic growth and development benefit all
MG PHL eyes top-3 sales ranking by end of decade
1 of 3SAIC MOTOR PHILIPPINES (SMP), importer and distributor of MG vehicles in the country, isn’t coy at all about its aspirations. SMP President Felix Jiang declared recently that the company intends to crack the top-five sales ranking in three
Monde Nissin allots P7.55-B capex
PHILIPPINE STAR/ MIGUEL DE GUZMANLISTED food and beverage producer Monde Nissin Corp. has earmarked P7.55 billion in capital expenditure (capex) for 2025, the bulk of which will be used for a new plant in Northern Luzon. “We had supply constraints that
Driven to succeed
1 of 4By Dylan Afuang UNDER THE DISTRIBUTORSHIP of Legado Motors, Inc. (LMI), Dongfeng Motor Philippines revealed its achievements and plans — detailing the rationale behind its “Drive Your Friend” marketing tagline in a recent media drive. “We are using (Dongfeng’s) global
PLDT shares drop despite good news
PIXABAYPLDT, Inc. shares fell 1.3% week on week to P1,284 each on Friday, as investors priced in expectations about a company plan to boost its customer base by distributing free subscriber identity module (SIM) cards in the countryside. The stock fall
Analysts: US launcher transfer to boost Philippine defense, irk China
US DEFENSE SECRETARY PETE HEGSETH — REUTERSBy Adrian H. Halili, Reporter THE DEPLOYMENT of the United States’ Navy-Marine Expeditionary Ship Interdiction System (NMESIS) in the Philippines could improve military modernization efforts but may also provoke a military response from China, analysts
Agri trading center opens in Rosales, Pangasinan
ROSALES TOURISM FACEBOOK PAGETHE Department of Agriculture (DA) has opened a P60-million agriculture trading center in Rosales, Pangasinan that will further integrate farmers into the supply chain for the government’s network of subsidized stores. The Rosales Agricultural Trading Center, funded through
Congress puts DoF in a bind and having to dip into PhilHealth and GOCCs: The case of PDIC
(Part 1) The well-publicized and livestreamed hearings in the Philippine Supreme Court about the constitutionality or legality of the Department of Finance (DoF) taking out P89 billion from the funds of PhilHealth (Philippine Health Insurance Corp.) put a spotlight on the