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GSTC sets new plant-based benchmark for hospitality sector 

The non-profit Global Sustainable Tourism Council (GSTC) has introduced a new Food and Beverage Standard that requires certified hospitality and tourism businesses to ensure at least 30 percent of their main menu options are plant-based.

Meralco explains power hike amid fuel price pressures

Manila Electric Co. (Meralco) said the recent increase in electricity bills was driven primarily by higher generation charges, pointing to soaring global fuel prices, a weaker peso, and the country's reliance on natural gas to maintain grid stability rather than any increase in its own distribution rates.

BSP turns unfit polymer banknotes into school armchairs in Davao City

The Bangko Sentral ng Pilipinas Employees Association, Inc. (BSPEAI) has donated nearly 100 armchairs made entirely from recycled Philippine polymer banknotes that are no longer suitable for circulation, as part of its sustainability and community development efforts.

DOE welcomes start-up of Cotabato solar power plant

The Department of Energy has announced the first phase of the Tantangan solar project in South Cotabato is now energized.

EastWest investment banking unit wins top industry awards

EastWest Bank’s investment banking team has earned two major recognitions for its work in the Philippine capital market.

Just in

Kai Sotto block seals thrilling Gilas comeback win

Gilas Pilipinas was hanging on by a thread in overtime, with Jordan threatening to snatch away a game the Philippines had spent the night clawing back into.

ICTSI to fully acquire African port operator TLG in key expansion move

International Container Terminal Services Inc. (ICTSI) announced Friday it will acquire 100 percent ownership of TLG Acquisition Holdings (RF) Proprietary Limited (TLG), a leading integrated port and cargo-handling services provider operating across Mozambique, Namibia, and South Africa.

Gokongwei takes helm as PhilWeb scales AI

Listed PhilWeb Corp. (PSE: WEB) has elected Lance Y. Gokongwei as chairman of its board, completing a governance overhaul following his P2.02 billion strategic investment in the company and appointment as a director in July.

Philippines keeps ‘A-‘ investment grade rating from JCR, stable outlook signals strong economic footing amid global risks

The Bangko Sentral ng Pilipinas (BSP) today welcomed the Japan Credit Rating Agency (JCR)’s affirmation of the Philippines’ “A-” investment-grade credit rating with a stable outlook, a vote of confidence in the country’s solid economic fundamentals even amid growing global uncertainty such as the ongoing conflict in the Middle East.
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