E-TRACC exemption cuts costs, speeds export shipments
The Philippine Economic Zone Authority (PEZA) welcomed a recent policy shift by the Bureau of Customs (BOC) exempting qualified exporters from the Electronic Tracking of Containerized Cargo (E-TRACC) system, saying the move will reduce costs and streamline cargo flows.
Intel launches new AI-powered laptops in Manila
Intel on Thursday announced the release of new laptops powered by its latest Core Ultra Series 3 processors, now available across the Philippines. The devices, made by major brands like ASUS, Acer, Dell, HP, Lenovo, and MSI, aim to deliver faster performance, better graphics, and improved energy efficiency.
From vacation home to thriving staycation spot: One woman’s journey in Puerto Galera
In the island destination of Puerto Galera, a simple vacation house has grown into a welcoming retreat for travelers—thanks to the determination of business owner Carmen Kanematsu.
FDC Green solar project cleared for operations
DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.
Globe trims hybrid debt, strengthens balance sheet
Globe Telecom Inc. has completed a significant step in its capital management strategy after concluding a tender offer for its USD600 million 4.2 percent Senior Perpetual Capital Securities, resulting in the repurchase of a large portion of the outstanding debt instrument.
