The average interest rates on treasury bills rose at Monday's auction, reflecting concerns over inflationary pressures following the release last week of November data, which showed a pick-up in price increases driven by supply bottlenecks caused by recent weather disturbances.
Smart Communications, Inc. (Smart) is urging customers to exercise caution and avoid clicking on links embedded in unsolicited text messages, warning that these could lead to phishing websites designed to steal personal information.
The various fuel retailers implemented another round of price adjustments Tuesday, marking the second consecutive week of mixed changes in the cost of petroleum products.
CitiCore Renewable Energy Corp., a listed green energy company, is advancing its energy storage capabilities with the recent signing of a supply and services agreement with Sungrow Power Supply Co., Ltd., a global leader in photovoltaic inverters and energy storage systems.
The Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) provisional authority to implement power supply agreements (PSAs) with renewable energy (RE) providers Gigasol 3 Inc. and San Roque Hydro Power Inc. (SRHI).
Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.
Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).
The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.