
Filinvest inaugurates its new large-scale solar power project
FDC Green Energy Corp. brings its ₱1-billion solar facility online in PHIVIDEC, reducing carbon emissions by 21,000 metric tons annually in Mindanao.
2035 stories

FDC Green Energy Corp. brings its ₱1-billion solar facility online in PHIVIDEC, reducing carbon emissions by 21,000 metric tons annually in Mindanao.

PSA labor statistics show Bukidnon leading Northern Mindanao in underemployment at 31.3%, driven heavily by agricultural volatility and seasonal work cycles.

Philippine Statistics Authority data shows Cagayan de Oro leading regional job quality as underemployment drops to 5.5%, beating agricultural areas.

Regional labor data highlights a complex economic shift for Northern Mindanao, marked by a major drop in agricultural jobs and notable gaps between local economies.

Northern Mindanao sustained a 96% employment rate in 2025, but regional data reveals a shrinking labor pool and severe underemployment gaps in agricultural hubs like Bukidnon.

Pag-IBIG Fund reported an 11% net income growth to ₱16.772 billion in Q1 2026, boosting its capacity to finance affordable housing and member dividends.

Iligan City has rolled out a P3,000 fuel subsidy for PUJ operators through the Pantawid Pasada Program, complementing existing LTFRB aid to combat rising diesel costs.

Inflation in Cagayan de Oro surged to 7.4 percent in April 2026, driven by a 28.7 percent spike in transport costs and rising utility rates.

NGCP transmission rates declined by 8.8 percent for the May 2026 billing cycle, driven by significant reductions in wheeling charges and lower ancillary service costs.

Northern Mindanao faces an 8.2% inflation surge, driven by soaring fuel and food costs. Regional agencies implement strategic imports and discounts to protect local consuming public.

Pag-IBIG Fund released ₱32.92 billion in home loans during Q1 2026, a 9% increase, financing 20,926 homes and boosting socialized housing for low-income Filipino workers.

Pag-IBIG Fund schedules regional housing fairs in Laguna and Cebu, showcasing 20,000 units with subsidized 3% interest rates under the Marcos administration's Expanded 4PH Program.