The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.
The sustained push to incorporate nuclear energy into the country's power generation mix is gaining momentum, with recent partnerships between the government, local academe, and U.S.-based organizations.
D&L Industries Inc. (DNL), through its subsidiary Chemrez Technologies Inc., is assessing the construction of a second biodiesel plant to align with government plans to raise the biodiesel blend from 3 percent to 4 percent by 1 October this year.
The Securities and Exchange Commission (SEC) has earned Level 3 certification at the Philippine Quality Awards (PQA) for Mastery in Quality Management, becoming the first national government agency to achieve the distinction, excluding government-owned corporations, state universities, colleges, and state hospitals.
AdSpark has partnered with Payless to launch the Payless Bigatin Promo, an initiative aimed at enhancing customer engagement through innovative technology.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.