Napocor seeks extra P10.82B for missionary electrification

Inquirer.net - Oct 15, 2026

MANILA, Philippines — State-run National Power Corp. (Napocor) hopes to secure regulatory approval to collect P10.82 billion from on-grid electricity consumers to support service to additional remote areas through new power providers. In its filing with the Energy Regulatory Commission (ERC), the state-run company seeks an additional P0.0939 per kilowatt-hour (kWh) in the universal charge for

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Oct 15, 2026

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MANILA, Philippines — Toyota Motor Philippines Corp. warned that nearly a month of flooding in Thailand could disrupt shipments of some of its imported vehicles. Since mid-September, floods have inundated parts of Thailand, resulting in at least 71 deaths and disrupting operations at several automakers and parts manufacturers. This disruption includes Toyota’s three manufacturing plants

DA denies graft claims over Vietnam rice shipment

Oct 15, 2026

DA denies graft claims over Vietnam rice shipment

MANILA, Philippines — The Department of Agriculture (DA) has disputed corruption allegations over a blocked rice shipment from Vietnam, saying the agency itself ordered its cancellation even though the vessel was already en route to the Philippines. Agriculture Secretary Francisco Tiu Laurel Jr. said his office ordered the Bureau of Plant Industry (BPI) to cancel

El Niño threatens 10% drop in Q3 rice, corn output

Oct 15, 2026

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MANILA, Philippines — The strong El Niño and unfavorable weather conditions threaten to reduce the country’s palay (unmilled rice) and corn output by more than 10 percent in the third quarter of 2026. The Philippine Statistics Authority (PSA) estimates that palay production will reach 3.10 million metric tons (MT) from July to September, marking a 17.2

Li Ka-shing empire expands oil interests, turning heads in market

Oct 15, 2026

Li Ka-shing empire expands oil interests, turning heads in market

As global capital flows towards clean energy and artificial intelligence, Hong Kong billionaire Li Ka-shing’s business group has expanded its oil exposure in a move analysts see as a buffer against geopolitical risks and a play for steady cash flow. The first major investment move by the widely watched Hong Kong tycoon after a slew of asset sales across the world has stirred curiosity at a time when financial markets are more volatile amid rising fears of inflation, monetary tightening and...

How Jardine Matheson’s street-shop sale reflects Hong Kong retail property’s struggles

Oct 14, 2026

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Thailand Police Arrest 39 in Major Cross-Border Scam Crackdown, Seize THB500 Million in Assets

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Filinvest, Infosys BPM extend 12-year office partnership

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