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Consunji commits to keep Cemex a listed entity

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.

PLDT innovation unit developing app for zoophilists

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. 

Clean energy alliance struggles convincing regulator to sell market-set power price

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. 

Ayala-led group proposes ramping up connectivity across GIDAs via government subsidy program

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.

Treasury seeks to raise P310 billion via bills, bonds auction for budget support

The Bureau of Treasury plans to borrow a total of P310 billion in the fourth quarter through the weekly auction of treasury bills and bonds.

Just in

ADB plans $70B investment on power, digital future

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.

PSEi range-bound amid global risks, weak peso

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.

Philippines, Israel eye minerals, AI strategic partnership

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.

Fuel prices seen to rise this week after weeks of cuts

Fuel prices in the Philippines are expected to increase next week, ending three straight weeks of big price rollbacks, a local fuel retailer said.
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