Renergy firm NKS Solar One Inc. has received official approval from the Energy Regulatory Commission (ERC) to develop and own dedicated transmission infrastructure worth P1.38 billion, which will connect its 250-megawatt floating solar power project on Laguna Lake to the main Luzon power grid.
The Senate, sitting as an impeachment court, on Monday ordered banks to produce the peso account records of Vice President Sara Duterte and her husband, Manases Reyes Carpio, from 2007 to 2021, as House prosecutors seek to use these documents to prove whether she amassed alleged ill-gotten wealth. The court also subpoenaed the financial records of 19 corporations and one partnership linked to the couple, along with relevant documents from the Anti-Money Laundering Council, all to be submitted by July 30. It likewise allowed the production of the couple's income tax returns for the same period to establish their financial baseline, a key issue in one of the Articles of Impeachment. The ruling, issued by presiding officer Senator Francis Escudero, appeared to stem from an earlier caucus. But no vote tally was disclosed, and it remained unclear whether the senator-judges formally voted on the subpoenas.
Philippine employers may be managing one of Asia-Pacific's happiest workforces, but younger employees are sending a clear message that salary alone is no longer enough.
Ice cream is no longer just about satisfying a sweet tooth. For a growing number of consumers, what's written on the label now matters almost as much as what's inside the cup.
Tokai Electronics Philippines Inc. is expanding its warehousing operations in Batangas after signing a supplemental agreement with the Philippine Economic Zone Authority (PEZA), reinforcing its logistics network as demand from the country's electronics and semiconductor manufacturers continues to grow.
Insurance provider InLife is ramping up efforts to boost insurance adoption among young Filipinos by rolling out a low-cost digital product designed to remove cost and accessibility barriers that have long discouraged first-time buyers.
Toyota Motor Philippines (TMP) has officially launched retail sales of the all-new Land Cruiser FJ, bringing a smaller and more accessible version of its legendary sport utility vehicle to the local market as it looks to attract a broader range of Filipino buyers.