Power rates in the spot market for June 2026 based on the Independent Electricity Market Operator of the Philippines’s monitoring. An IEMOP official on Thursday, July 9, 2026, expressed hope for the stabilization of the power supply to address price volatility. GRAPHICS COURTESY OF IEMOP

Power sector exec hopes for supply stabilization

AN OFFICIAL of the Independent Electricity Market Operator of the Philippines (IEMOP) expressed hope for the stabilization of the power supply, especially in the...
Eggs are displayed on supermarket shelves alongside a cage-free poultry farm, illustrating the growing shift toward higher animal welfare standards in egg production. The Bureau of Animal Industry expresses support for cage-free and free-range farming systems as part of efforts to promote sustainable agriculture while enhancing the welfare of laying hens. THEPHILBIZNEWS PHOTOS

BAI backs cage-free egg farming

THE DEPARTMENT of Agriculture’s Bureau of Animal Industry (BAI) has expressed support for cage-free and free-range egg production systems, describing them as farming approaches...
“Although imports are higher now, the challenges we are facing now are different compared to last year and in 2024. In 2024 and 2025, we also experienced El Niño,” says Department of Agriculture (DA) Assistant Secretary Arnel de Mesa. The Philippines imported 2.75 million metric tons of rice in the first six months of 2026. LOGAN KAL-EL M. ZAPANTA/INQUIRER.NET | BWORLDONLINE.COM PHOTOS

Rice imports reached all-time high in first semester – DA

THE COUNTRY'S rice imports hit an all-time high in the first semester as traders scrambled to stockpile amid soaring farm input costs and the...
The Department of Energy says power alerts could persist in the coming months as rising temperatures push electricity demand higher. Photo shows the Manila Electric Company substation along Commonwealth Avenue in Diliman Quezon City. PNA

WESM prices jump 23% in June as Visayas leads surge

WHOLESALE electricity prices rose sharply in the June billing period as tighter power supply pushed up rates across all major grids, with the Visayas...
MGEN completes ahead-of-schedule restoration of Panay Energy Development Corp. (PEDC) Unit 3. Seen on the photo is the PEDC facility.

MGEN completes successful return-to-service of PEDC Unit 3 in Iloilo

MGEN THERMAL’S subsidiary, Panay Energy Development Corporation (PEDC), has successfully synchronized Unit 3 of its 278.4-megawatt coal-fired power plant in Iloilo City to the...
Commuters fall in line at the Monumento bus stop in Caloocan. The Philippines’ underemployment rate dipped to 11.7 percent in May from 12.9 percent in April this year. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

Jobless Filipinos rise to 2.5 million in May

THE NUMBER of unemployed Filipinos rose to 2.5 million in May this year from 2.41 million a month earlier, the Philippine Statistics Authority (PSA)...
PAGCOR Chairman and CEO Alejandro H. Tengco (center) turns over a P10 million check to Bulacan Governor Daniel Fernando (right) and Vice Governor Alexis Castro for the first tranche of the Ayudang Hatid ay Tagumpay Scholarship Program at the Bulacan Capitol Gymnasium in Malolos City on July 6.

PAGCOR commits Php60M for scholarship program for 2,000 students

MALOLOS CITY, Bulacan — A total of 2,000 students from low-income families in Bulacan will benefit from a Php60-million scholarship fund from the Philippine...

Pag-IBIG Promo Rates, Higher Loan Ceiling Help Lower Monthly Payments Amid Higher Lending Rates

Heeding President Ferdinand R. Marcos Jr.’s directive to make homeownership more accessible to Filipino workers under the Expanded Pambansang Pabahay para sa Pilipino Program...
The rise in food and non-alcoholic beverage prices slowed to 5.2 percent in June this year from 5.7 percent in May, according to the Philippine Statistics Authority.

Inflation eases to 6.4% in June

HEADLINE inflation slowed for the second consecutive month, settling at 6.4 percent in June this year from 6.8 percent in May due to easing...
The National Grid Corporation of the Philippines says the implementation of the Tuy-Dasmariñas 500-kilovolt Transmission Line Project hit a major legal roadblock that may hamper the entry of new generation developments to the transmission system if not immediately resolved. NGCP PHOTO

Visayas grid exits yellow alert on DOE reforms

THE DEPARTMENT of Energy (DOE) said the Visayas grid has exited yellow alert after a major generating unit returned to service, while authorities pushed...