Senate takes up system loss charge: 'Electricity is not a luxury'

GMA Network - Sep 22, 2026

The Senate on Tuesday took up the bill removing the system loss charge in consumers" electric bills during the session, with many senators backing the measure.

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DOF chief signs resolution on suspension of LPG, kerosene excise tax

Sep 22, 2026

DOF chief signs resolution on suspension of LPG, kerosene excise tax

Finance Secretary Frederick Go said he has signed a resolution on the suspension of the excise tax on liquefied petroleum gas (LPG) and kerosene.

PH secures P2-billion grant from Australia for job generation --DOF

Sep 22, 2026

PH secures P2-billion grant from Australia for job generation --DOF

PH secures P2-B grant from Australia for job generation --DOF

PlayTime Entertainment expands footprint as Manila Fashion Week partner

Sep 22, 2026

PlayTime Entertainment expands footprint as Manila Fashion Week partner

PlayTime Entertainment is solidifying its footprint across diverse commercial sectors, stepping onto the runway as the official entertainment partner for Manila Fashion Week.

Global biofuel output to jump nearly 70% by 2030 due to Gulf energy crisis, study finds

Sep 22, 2026

Global biofuel output to jump nearly 70% by 2030 due to Gulf energy crisis, study finds

Global biofuels output is expected to surge nearly 70% by 2030 from 2025 levels as major producing countries push ahead with raising blending mandates in response to the energy crisis.

Some family offices eyeing Chinese investments as US-China tensions ease: report

Sep 22, 2026

Some family offices eyeing Chinese investments as US-China tensions ease: report

Ultra-wealthy families in Europe, the Middle East and Africa view China as their most favoured market for future investments, as concerns over tensions between Beijing and Washington ease, according to a survey by Citigroup. The latest edition of the Global Family Office Report, published on Tuesday, analysed the investment plans of 351 family offices – private companies set up to manage the assets of ultra-wealthy families – from more than 40 countries around the world. In the survey, 29 per...

China’s Huawei trims mobile chip gap with Apple as Tau Scaling Law pays off: Bernstein

Sep 22, 2026

China’s Huawei trims mobile chip gap with Apple as Tau Scaling Law pays off: Bernstein

Huawei Technologies’ latest smartphone processor, the Kirin 9050 Pro, unveiled earlier this month, has narrowed its gap with Apple’s chips to about three years, from roughly four years in the previous generation, according to equity research firm Bernstein. The chip, which Bernstein estimated was produced using technology equivalent to a 7-nanometre process node, outperformed Apple’s 3nm A17 Pro in Geekbench 6 multicore tests, a widely used benchmark that measures how effectively processors...

DOE stands by P24B demand from solar energy firm founded by Leandro Leviste

Sep 22, 2026

DOE stands by P24B demand from solar energy firm founded by Leandro Leviste

The Department of Energy (DOE) on Tuesday said it sent termination letters, including a demand for P24 billion, to Solar Philippines Inc., the renewable energy firm founded by Batangas Rep. Leandro Leviste, in connection with its renewable energy contracts.

DTI defends exclusion of e-motorcycles from EV incentives

Sep 22, 2026

DTI defends exclusion of e-motorcycles from EV incentives

MANILA, Philippines — The Department of Trade and Industry (DTI) remains open to incentives for electric motorcycle and tricycle manufacturers but is currently prioritizing four-wheelers to prevent investment redundancy. This follows the Electric Vehicle Association of the Philippines (EVAP) criticism of the Electric Vehicle Incentive Strategy (Evis), the P60-billion incentive scheme currently focused on manufacturers that

Wharton MBAs meet to encourage next generation in PH business, finance

Sep 22, 2026

Wharton MBAs meet to encourage next generation in PH business, finance

The alumni network of prestigious Wharton School is actively opening doors to global finance, encouraging the next generation of local business and finance graduates and professionals.

Reduced generation charges seen in Visayas, Mindanao

Sep 22, 2026

Reduced generation charges seen in Visayas, Mindanao

Reduced generation charges seen in Visayas, Mindanao

Metro Manila flood project delay trims 2026 infra completion target

Sep 22, 2026

Metro Manila flood project delay trims 2026 infra completion target

MANILA, Philippines — The Marcos administration has dropped the long-delayed Metro Manila Flood Management Project from its list of flagship projects targeted for completion this year, bringing the number of projects set for a 2026 finish down to just eight. Data from the Department of Economy, Planning, and Development (Depdev) as of the second quarter showed

PH, EU seal landmark FTA

Sep 22, 2026

PH, EU seal landmark FTA

MANILA, Philippines — The Philippines and the European Union (EU) have successfully concluded talks on a landmark free trade agreement (FTA), a deal expected to liberalize access for Manila’s goods to the regional bloc of about 450 million people, and vice versa. Trade Secretary Cristina Roque and EU Commissioner for Trade and Economic Security Maroš Šefčovič

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