The Consunji group is selling a small portion of its stake at Cemex Holdings Philippines to ensure that its equity structure complies with the minimum public float of 10 percent as required.
System integrator TechForce Solutions, Inc. has partnered with ePLDT, the ICT subsidiary of PLDT, to develop a super app called Unleash catering to pet owners and animal lovers.
The renewable energy (RE) industry on Sunday expressed optimism the government will allow the price at which solar energy from floating facilities is sold under the Green Energy Auction Reserve (GEAR) program to reflect market conditions.
The Ayala Group that owns Globe Telecom has advanced the idea for the government to help pay for the cost of connectivity across the archipelago by a subsidy program allowing the telecommunications players to beef up their presence even in so-called geographically isolated and disadvantaged areas or GIDAs.
The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.
The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.
The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.