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ACEN rate adjustment claims could force Meralco to seek adjustments of its own

The Manila Electric Co. (Meralco) said power rates in Metro Manila could go up should regulators allow ACEN Corp. to apply so-called change in circumstance (CIC) claims on its power supply agreements (PSAs) with the distribution utility. 

Miscreants now selling smuggled onions online and profiting from stolen NFA rice

Free market miscreants are running circles around authorities selling smuggled onions online on one hand and profiting from allegedly stolen rice from out of government-owned warehouses operated by the National Food Authority (NFA).

Prime Energy awards contract for equipment needed at Malampaya gas field

Prime Energy Resources Development B.V. has contracted One Subsea of the Schlumberger group for the supply of control equipment and subsea production systems to execute the fourth phase of drilling at the Malampaya gas platform by the end of the year.

Globe-backed Messenger calls, video prove better, faster at its network than the competition

Globe Telecom has partnered with Meta as part of the broad plan to improve the quality of voice and video calls on applications like Messenger in the country.

2Go organizes workshop for more than 50 businessmen in Central Luzon

2Go Group Inc., the country largest transportation and logistics solutions provider and part of SM Group, has organized a workshop helping enable a community of online entrepreneurs in central Luzon.

Just in

Fuel rewards campaign drives loyalty beyond pump

In a market where rising fuel prices test both patience and wallets, Rizal Commercial Banking Corp. and SEAOIL Philippines have turned everyday spending into something closer to aspiration. 

Cisco and NVIDIA make AI infrastructure practical 

If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.
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