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House OKs landmark P200 daily wage hike for private sector workers

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The House Committee on Labor and Employment has approved a bill mandating a P200 daily across-the-board wage increase for private sector workers, marking a significant step forward in the push for higher wages. 

Developers seek growth beyond Metro Manila as condo glut worsens

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With a growing supply glut in Metro Manila’s condominium market, developers are increasingly looking to regional areas for growth, according to Colliers Philippines.

Moderna shares struggle as earnings outlook weakens

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Shares of biotechnology company Moderna Inc., which are listed on the NASDAQ, continued to struggle on declining demand for its COVID-19 vaccine, which drove its revenue in 2021 and 2022 and helped propel it to prominence during the pandemic.

Philippine aviation accident-free in 2024

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The Civil Aviation Authority of the Philippines (CAAP) on Thursday reported a 48 percent reduction in aviation-related accidents in 2024 compared to the previous year.

PITX launches electric shuttle service to MOA

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The Parañaque Integrated Terminal Exchange (PITX) has launched an electric shuttle service in collaboration with GET Philippines, Inc. for a sustainable and convenient transport option for commuters traveling between PITX and the SM Mall of Asia (MOA) complex.
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DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

Energy & Mining 0
The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Energy & Mining 0
Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Corporate 0
Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.

ManageEngine upgrades Log360 with AI-driven security automation

Communications & Technology 0
ManageEngine, the enterprise IT management division of Zoho Corporation, has announced a major upgrade to its Log360 security platform, adding built-in security orchestration, automation, and response (SOAR) capabilities aimed at helping companies respond faster to cyber threats.
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