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November rice stocks up 24% on-year—PSA

The Philippine Statistics Authority reported on Thursday that the country's total rice stocks reached 2.46 million metric tons at the end of November, a...

Converge ICT’s Surf2Sawa helps Filipinos access affordable, reliable internet

The purchasing power of the average Filipino has significantly decreased in recent years, with the Philippine Statistics Authority reporting in September that the value...

Philippines to file new protest vs China

The Philippines will file another diplomatic protest against China following harassment by the Chinese Coast Guard and People’s Liberation Army Navy. Philippine Coast Guard...

ERC speeds up approvals, boosting power supply and energy security

The Energy Regulatory Commission (ERC) has issued nearly 4,300 compliance certificates and provisional operating authorities for power generation facilities in 2024, adding over 24,000 MW to the country’s energy requirement.

Philippines paves the way for Hong Kong’s tourism comeback

Hong Kong, on November 29, celebrated a major tourism milestone, welcoming its millionth visitor of the year from the Philippines.

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URC eyes modest growth amid global risks

Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.

CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

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).

Luzon, Visayas grids stay under red and yellow alerts for second day

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.
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