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    Tricycles, public markets go cashless in Tagbilaran City

    Tagbilaran City is the latest local government unit (LGU) to promote digital payments in public markets, tricycle hubs, and other establishments pursuing the nationally implemented  “Paleng-QR Ph Plus” program. 

    Globe expands 5G coverage in Visayas, Mindanao

    Globe Telecom Inc. said Monday it expanded its 5G coverage in the Visayas and Mindanao, adding 212 and 25 sites, respectively, to provide more consumers and businesses improved connectivity and access to faster data speeds as well as jump start economic activity slowed by the pandemic.

    Converge spent P7.2B of P10B  maiden bond offer in 2022

    Converge Information and Communications Technology Solutions Inc. already spent the bulk of the proceeds of its maiden P10 billion bond offer last year, raising...

    Robinsons Retail raises stake in BPI to 6.8% for P19.7B

    Robinsons Retail Holdings Inc. raised its stake in Bank of the Philippine Islands to 6.8% by purchasing an additional 4.4% of the lender for...

    Philippines on track towards meeting forecast 7.2% growth in 2022 – World Bank

    The Philippines is on track towards achieving growth in 2022 averaging 7.2 percent in terms of the gross domestic product, the World Bank said in the January 2023 iteration of its Global Economic Prospects report.

    Just in

    Higher electricity sales power 8% profit rise for CREC

    Citicore Renewable Energy Corp. (CREC) reported an 8 percent increase in net income for the first quarter of 2025, rising to ₱230 million from ₱213 million last year, buoyed by a sharp uptick in electricity sales.

    DOE urges fair insurance premium for transitioning coal plants

    The Department of Energy (DOE) is calling on insurance providers to offer more reasonable premium rates for coal-fired power plants, warning that disproportionate insurance costs threaten the operational stability of power sources crucial to the national energy mix.

    MSpectrum, Landers expand solar partnership with Cebu, QC Projects

    MSpectrum Inc., the renewable energy arm of Manila Electric Co. (Meralco), is deepening its collaboration with Southeast Asia Retail Inc., the operator of Landers Superstore, with the rollout of two new solar rooftop installations in Cebu and Quezon City.

    FNI Q1 profit soars on higher shipments, nickel prices

    Global Ferronickel Holdings Inc. (FNI), one of the country’s leading nickel producers, posted a 1,567 percent surge in net income for the first quarter of 2025 totaling P177.3 million, from just P10.63 million a year earlier, as higher shipment volumes and stronger nickel prices buoyed performance.
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