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STT GDC expands Philippine AI data center investments

ST Telemedia Global Data Centres (STT GDC) is accelerating its Philippine expansion, betting that surging demand for artificial intelligence and cloud computing will outweigh long-standing concerns over electricity costs and strengthen the country's position as a regional digital infrastructure hub.

Marcos’ SONA vow on nuclear energy hailed as key milestone for PH power future

President Ferdinand R. Marcos Jr.’s renewed support for nuclear energy during his 2026 State of the Nation Address is the strongest national backing for the power source since the Philippines adopted its nuclear energy roadmap, according to advocacy group Alpas Pinas.

SEC warns public vs fake PondoCash Facebook page

The Securities and Exchange Commission (SEC) has cautioned the public about an unauthorized Facebook page using the name PondoCash.

San Miguel raises P30 billion from record preferred share offering

San Miguel Corp. has raised P30 billion through a follow-on offering of preferred shares, which were listed on the Philippine Stock Exchange (PSE) on Monday.

ABS-CBN denies management handover reports, clarifies investment and financial data 

ABS-CBN Corporation on Monday denied reports claiming its management could be turned over to businessman Manuel V. Pangilinan’s group, stating no such discussions are happening.

Just in

ECOP urges regions to resist copying NCR wage hike

The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.

Gov’t appeals SC ruling barring mandatory vessel tracking system 

The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.

Fuel prices roll back this week as PH supply improves

The Department of Energy (DOE) confirmed an across-the-board fuel price rollback starting August 3, ending five consecutive weeks of increases.

VinFast expands battery swapping to drive Philippine EV adoption

Vietnamese electric vehicle maker VinFast is accelerating its push into the Philippine market by rolling out 21 motorcycle showrooms alongside a nationwide battery-swapping network, betting that convenience, rather than vehicle technology alone, will determine how quickly Filipinos embrace electric two-wheelers.
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