The deficit on the trade of agricultural products narrowed in the fourth quarter as import declined and exports rose, data from the Philippine Statistics Authority showed.
The central bank governor on Wednesday ruled out rate cuts anytime soon due to upside inflation risks and signaled that borrowing costs will remain higher for longer.
Listed EEI Corp. said Thursday that its energy unit, EEI Power Corp., recently signed a deal for the construction of a 145.2 kiloWatt-peak solar photovoltaic rooftop system at the Dagupan Doctors Villaflor Memorial Hospital in Dagupan City.
PHINMA Corp. said Thursday it ended 2023 strongly, with net profit rising P1.63 billion from P1.53 billion, on sustained enrollment growth at its affordable education venture and improved cost efficiency at its construction materials group.
Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.
Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.
The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.
Philippine Amusement and Gaming Corp. expects full-ayear net profit to plunge to less than P5 billion from P17.46 billion last year, as weaker gaming revenues, economic shocks, and the cost of running its own casinos squeeze the state gaming regulator’s earnings.