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VP Sara prepping for impeachment trial since Nov

Vice President Sara Duterte appeared composed and unshaken as she addressed the media on Friday regarding her impeachment and the looming Senate trial. She revealed that her legal team had been preparing for this moment since November, amid the House of Representatives' investigation into her alleged misuse of funds from both the Office of the Vice President and the Department of Education—a portfolio she held until her resignation in June of last year. When asked about the gravity of the impeachment trial—where conviction would not only remove her from office but also bar her from future public service—Duterte casually quipped, "Mas masakit pa ang iwanan ng boyfriend kaysa ma-impeach ng House of Representatives. (It hurts more to be dumped by a boyfriend than be impeached by the House of Representatives.)”

Globe net profit slips a bit in 2024

Globe Telecom, the telecommunications and fintech arm of the Ayala Group, reported a slight dip in its net income for 2024, posting P24.3 billion—down 1 percent from the previous year’s P24.6 billion--due primarily to fewer sale and leaseback deals and one-off gains from tower sales, as well as higher depreciation costs and non-operating charges. 

Rice most expensive food item in 4Q 2024 survey

A recent Social Weather Stations survey, conducted in partnership with the Stratbase Group, reveals that a majority of Filipinos believe rice saw the most significant price increase among food items in the past three months.

Alsons expanding renewable energy footprint beyond Mindanao

Alsons Consolidated Resources Inc. energy arm, Alsons Power Group, is ramping up efforts to expand its renewable energy (RE) portfolio and extend its footprint beyond Mindanao.

MOL exploring offshore wind investment in the Philippines

Mitsui O.S.K. Lines Ltd. (MOL), a leading global shipping company, is eyeing offshore wind (OSW) projects in the Philippines as part of its sustainability efforts.

Just in

Private traders’ high palay prices limit NFA purchases – DA 

The Department of Agriculture (DA) said strong buying activity from private traders has pushed palay prices higher, limiting the National Food Authority’s (NFA) ability to buy rice stocks from farmers.

Wawa-Calawis project emerges as key defense vs Manila water crisis

Manila Water in Monday said the Wawa-Calawis Water Supply System is becoming a major safeguard for water security in Metro Manila’s East Zone as climate change continues to put pressure on traditional water sources.

Philippine employers confront shocks at ECOP forum

Employers in the Philippines are preparing for an increasingly volatile business landscape as geopolitical tensions, supply chain disruptions, rising energy costs, and rapid technological change converge, issues that are set to take center stage at the 47th National Conference of Employers (NCE47) of the Employers Confederation of the Philippines, opening May 20, 2026 at The Manila Hotel.

San Beda Alabang shifts to 100% renewable energy with ACEN RES deal

San Beda College Alabang (SBCA) will now run entirely on renewable energy after signing a power supply agreement with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity arm of ACEN Corp.
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