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Tourism fuels economy, creates jobs in 2024

The Philippine tourism industry continued its strong post-pandemic recovery in 2024, contributing 8.9 percent to the country’s gross domestic product (GDP) and supporting nearly 7 million jobs, according to the Philippine Statistics Authority (PSA).

Appdome launches AI malware shield for mobile apps

Appdome, a leading mobile app security firm, has unveiled new Detect Agentic AI Malware plugins designed to combat the emerging threat of Agentic AI Assistants being weaponized by attackers.

Federal Reserve hold rates, eyes inflation, jobs paths

The Federal Open Market Committee (FOMC) on Thursday held the federal funds target range steady at 4.25 percent to 4.5 percent, citing steady economic growth and lingering inflationary pressures.

Meralco unit commissions 100 MW ancillary power plant in Singapore

Meralco PowerGen Corp. (MGen) subsidiary Pacific Light Power Pte Ltd. (PLP) based in Singapore has commissioned a 100-megawatt (MW) fast-start ancillary services facility on Jurong Island, boosting its commercial capabilities in the city-state's highly competitive energy market.

Stakeholders urge fast-track of coastal protection bills

Environmental stakeholders are urging the government to intensify support for the proposed Integrated Coastal Management Act and Coastal Greenbelt Bill, citing urgent ecological and policy implications.

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Direct flights to spur Philippines-China tourism surge

The Philippines is set to gain a fresh boost in tourism and economic activity as Chinese carriers expand direct flights to Manila, strengthening both business links and people-to-people exchanges.

Maxicare widens healthcare access for Filipino workers

Maxicare Healthcare Corporation. is expanding its digital and clinic-based healthcare network as it seeks to address widening healthcare access gaps among Filipino workers, freelancers, and self-employed professionals.

Major developers explore future Bilibid township project 

Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.

Caltex widens network, reaches 600 Philippines stations

Chevron Philippines is accelerating the expansion of its retail fuel network as Caltex reached the 600-station mark nationwide following the opening of six new service stations in the first quarter of the year.
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