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SMIC among top rated companies on ESG in Asia Pacific

SM Investments Corp. is recognized as among the top rated companies in its industry and among the top companies in Asia Pacific in the 2023 ESG companies list of the ratings firm Morningstar Sustainalytics. 

Jobless Filipinos hit 2.37-M in January

The number of jobless Filipinos climbed in the first month of the year as holiday hiring trends in December started to wane.

NEDA Board approves P9-T flagship infra projects

President Ferdinand Marcos Jr. has approved his administration’s infrastructure flagship projects (IFPs) costing P9 trillion, the National Economic and Development Authority (NEDA) announced on Thursday, March 9.

Pagcor terminates Global ComRCI contract

The Philippine Amusement and Gaming Corp. (Pagcor) said it is terminating the contract of Global ComRCI as third-party auditor for licensed offshore gaming operations.

On SIM registration: DICT blinks although unchallenged on the deadline

The Department of Information and Communications Technology (DICT) looks to extend the deadline for the registration of mobile phone subscriber identity modules (SIM) for another 120 days. 

Just in

Nickel Asia’s renewable unit targets 458 MW capacity by end-2026

Nickel Asia Corp. (NAC), through its renewable energy arm Emerging Power Inc. (EPI), aims to raise its total operational power capacity to 458 megawatts (MW) by the end of 2026, up from 293 MW expected by end-2025.

Petron buys Russian crude, revives offer to sell firm back to government

Petron Corp. has procured 2.48 million barrels of crude oil from Russia to secure fuel supply in the country until June 2026, the company said.

STI warns of slower enrollment amid Middle East conflict

STI Education Systems Holdings Inc. expects student enrollment to decline further as the ongoing conflict in the Middle East affects Filipino families’ finances, its chairman Eusebio H. Tanco said.

DOE to fast-track 22 renewable energy projects adding 1,471 MW next month

The Department of Energy (DOE) plans to speed up the entry of 22 renewable energy (RE) projects that will add about 1,471 megawatts (MW) of power to the grid by next month.
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