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Lone bidder at Meralco CSP exercise raises likelihood of negotiated power purchase

Only one company has expressed interest to provide the Manila Electric Co. (Meralco) with the 260 megawatts of power it needs for its franchise area in the hot months ahead.

Property market stay bought through 2024 and beyond, Colliers

The property market in Cebu is expected to stay buoyant beyond 2024, with most development likely focused in cities of Cebu, Mandaue and Lapu-Lapu

Weak peso, one-off item in 2022 weigh down Universal Robina earnings

Universal Robina Corp., the food arm of the Gokongwei Group, saw net income decline 13 percent last year to P12.2 billion, hurt by a...

EDSA busway project seen completed in two years

The Department of Transportation (DOTr) targets to privatize the NCR EDSA Busway Project by 2025. “Within the next few months we will finalize the feasibility...

Telco harnesses AI for optimum power consumption performance

Smart Communications, a subsidiary of PLDT Inc., has deployed a new "green radio" solution across its network that  uses artificial intelligence (AI) to optimize...

Just in

Peso slide to P63 vs USD, spur costs, inflation risks

The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.

Jollibee bags Advertiser of the Year, wins 10 SMARTIES 

Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.

DTI assured stable prices, supplies ahead of Christmas

The Department of Trade and Industry (DTI) has urged consumers to avoid panic-buying and hoarding, assuring the public that supplies of basic goods remain adequate and prices stable ahead of Christmas and the anticipated Super El Niño.

DMCI Power’s ₱3-B Palawan coal plant set for November public review

The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.
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