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Globe paints sanguine outlook in 2024

Globe Telecom Inc. on Thursday said it is optimistic about its outlook next year with the expansion of its cutting-edge data center operations and the introduction of the Gogoro two-wheel electric vehicle (EV).

SM’s San Pedro mall spurs local economic growth

The SM Group through its property arm SM Prime Holdings, Inc. is spurring local economic growth with its recent expansion in the local communities of Laguna after the opening of a 23,000-square meter shopping mall, SM Center San Pedro. 

November budget deficit narrows by 25% to P93.3 billion

The budget deficit in November narrowed by 25 percent year-on-year to P93.3 billion as public spending declined and a slight increase in revenue collection during the month compared to the level in the same month last year.

ACEN pouring P12.86B in fresh capital for various units’ renewable energy projects

ACEN Corp., the listed renewable energy arm of the Ayala Group, said Thursday its board approved several subscription contracts that will pour a total P12.86 billion in fresh investments to a number of wholly-owned subsidiaries mainly pursuing solar and wind farm projects.

Inflation seen easing some more in December

Headline inflation that plumbed a 20-month low of 4.1 percent in November is seen easing further in December to 3.7 percent, according to Moody's Analytics.

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PH, Japan sign loan deals for subway and Mindanao highway projects

The Philippine government and Japan on Friday signed agreements for major infrastructure projects aimed at boosting the country’s economy and improving transportation.

BSP flags fake online article using governor’s identity

The Bangko Sentral ng Pilipinas (BSP) has warned the public about a fraudulent online article that misuses the name and likeness of its governor, Eli M. Remolona, Jr..

New NAIA off-ramp cuts travel time by up to 25 minutes

Motorists heading to Ninoy Aquino International Airport (NAIA) Terminal 3 can now reach the terminal faster with the opening of a new off-ramp connecting the Skyway directly to the NAIA Expressway.

Philippine exports extend rally as risks mount

The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.
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