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NPC keen on boosting SPUG renewable energy use to cut costs

The National Power Corp. (NPC) eyes running at least 25 percent of facilities classified under the Small Power Utilities Group (SPUG) on renewable energy...

BSP opts for a pause in the monetary policy tightening cycle

The policy-making Monetary Board of the Bangko Sentral ng Pilipinas on Thursday kept its benchmark interest rate unchanged at 6.5 percent, effectively validating market...

China Bank earns prestigious citation

The prestigious business publication The Asset has cited China Bank’s Manila branch best bank for renminbi transactions in 2022. The Asset is a widely recognized...

Airline tickets seen lower as CAB recalibrates fuel surcharge

The Civil Aeronautics Board (CAB) on Thursday says airfares are likely to drop further next month on lower fuel surcharge.  CAB executive director Carmelo Arcilla says...

Globe completes closing on sale of 431 towers worth P5.5 Billion

Transport/CommsGlobe Telecom Inc. said Thursday it completed the third closing and official handover of 431 towers to Frontier Tower Associates Philippines Inc.The towers were...

Just in

Philippine stock to stall near resistance, peso to test lows

Philippine financial markets could face choppy trading ahead as investors weigh technical resistance levels in equities against fresh pressure on the peso from global risks, including elevated oil prices.

Philippines races to wrap key trade deals by mid-2026

The Philippines is accelerating negotiations for several free trade agreements (FTAs), with officials aiming to conclude key deals by mid-2026 to widen market access for local exporters.

Philippines pitches takeover of nickel HPAL plant

The Philippine government is inviting foreign investors to take over a high-pressure acid leach (HPAL) nickel processing facility in Palawan that could cease operations by 2027, as officials move to preserve the country’s role in the global battery minerals supply chain.

ADB lines up $280M loan to spur Philippine innovation

The Asian Development Bank is preparing an indicative USD280-million...
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