AyalaLand Logistics Holdings Corp. has added 5,000 pallets to its cold storage portfolio with the opening of the ALogis Artico Santo Tomas facility in Batangas province.
Forty-four power plants on either forced outage or de-rated capacity compelled authorities on Tuesday to place both the Luzon and Visayas grids under yellow alert as early as 8 a.m. when 2,082.2 megawatts of power were unavailable.
Shell Pilipinas Corp. on Tuesday bared setting aside P3 billion as capital expenditure this year in an economy it projects growing at a fairly accelerated rate of 5.8 percent in terms of the gross domestic product (GDP) from last year's 5.6 percent.
AirAsia Philippines on Tuesday projected strong operational performance in the second half this year on the basis of heightened willingness among Filipinos to spend on travel.
The Department of Transportation (DOTr) on Tuesday projected completing the Manila Bay-Pasig River-Laguna Lake Ferry (MAPALLAF) feasibility study within the year.
Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.
FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
The Department of Energy (DOE) and its United States counterpart have met to explore an expanded bilateral cooperation agreement designed to strengthen the country's long-term energy security, diversify its fuel supply, and accelerate the development of domestic resources.
Consumers and business operators across the Philippines can expect mixed relief at the pumps this week, highlighted by a substantial price drop for gasoline products alongside steady to slightly higher diesel rates.