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Philippine Seven Corp. eyes 500 new 7-Eleven stores in 2025

Philippine Seven Corp., the local licensee of the globally recognized 7-Eleven convenience store chain, has announced an ambitious plan to open approximately 500 new stores throughout the Philippines in 2025.

Energy projects cleared for system impact studies in September

The National Grid Corporation of the Philippines (NGCP) in September endorsed 19 power generation and energy storage system (ESS) projects generating 3,632.18 megawatts (MW) for system impact studies (SIS), the Department of Energy (DOE) said on Wednesday.

Cebu tourism gets ‘connectivity boost’

PLDT Inc. and its wireless subsidiary, Smart Communications, Inc., have expanded their network coverage in Cebu, aiming to stimulate tourism and local livelihoods.

Samar LGUs inspire others in solar rooftop initiatives

The Institute for Climate and Sustainable Cities (ICSC) has partnered with the local government units of Guiuan and Paranas towns in Samar in solar rooftop projects generating a total 108.84 kilowatts (kW).
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BSP cuts interest rates again to foster growth amid easing inflation

The Bangko Sentral ng Pilipinas (BSP) on Wednesday announced a 25 basis point reduction in its key interest rates, lowering the target reverse repurchase rate to 6 percent.

Just in

Impact Investment Exchange raises $92M for women-focused climate projects

Singapore-based Impact Investment Exchange (IIX) has raised a total of $92 million from two tranches of its Women’s Livelihood Bond 7 (WLB7), aimed at supporting about one million women and girls in Asia.

LTO tops complaints list, ARTA reports surge

The Land Transportation Office (LTO) has emerged as the most complained-about government agency as of March 31, according to Anti-Red Tape Authority (ARTA) Director-General Ernesto Perez. The latest figures show that LTO has overtaken the Food and Drug Administration (FDA), which previously held the top spot and has now slipped to third place.

Torre Lorenzo breaks ground on Davao Crest Suites

Business and leisure converge in Davao City as Crest Suites at Tierra Davao, the latest hospitality development of Torre Lorenzo Development Corporation (TLDC), officially breaks ground, marking a strategic expansion of the company’s hospitality footprint beyond Metro Manila.

Fortinet report warns cybercrime is faster, smarter, and driven by AI

Cybersecurity tech and research leader Fortinet has released its latest global threat report, showing that cybercrime is becoming more organized, faster, and increasingly powered by artificial intelligence.
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