The Philippine Competition Commission fined six firms and their officers P1.76 billion over an illegal onion market allocation scheme, its largest penalty to date. Read more »
The Philippine peso fell to a record intraday low of ?63.15 per US dollar on October 15, amid oil price concerns, US inflation, and domestic economic pressures. Read more »
Manila Sets the Standard as Visayas and Mindanao Pay More for Less Power; the Country Needs a Cheaper, Island-by-Island Energy Plan Read more »
Cebu may keep facing power supply problems for more than a year because major new power plants won’t come online until 2028, The Freeman reported. Cebu will rely on stopgap measures for over a year, and cannot promise a blackout-free Christmas. Read more »
Rice prices up 30 percent are hitting low-income households in Western Visayas hardest, according to the Philippine Statistics Authority. Read more »
Disaster officials warn that three in four families in the region could feel the drought by early 2027. Read more »
