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D&L Industries 2023 earnings weighed down by expenses related to new factory in Batangas

D&L Industries Inc., a listed manufacturing company, said Thursday net income last year dropped 31 percent to P2.3 billion as interest and depreciation expenses related to its new Batangas factory soared. 

GCash links up with Korea’s E9Pay

GCash, touted as the country's number one finance app and largest cashless ecosystem, has partnered with E9Pay, South Korea's leading cross-border money transfer platform, to simplify the remittance transactions of Filipinos in Korea back to their families in the Philippines.

The road to Tech City takes inspiration from Silicon Valley

The big man at Converge ICT Solutions Inc. has tapped consultants and technical advisers to begin building a Tech City in Pampanga intended as hub for innovation and nurture the next generation of tech giants inspired by the famed Silicon Valley in the United States.

Soon completed Upper Wawa Dam capacity to enhance water security in Greater Metro Manila

The Upper Wawa Dam, an infrastructure flagship project of the national government, presents a promising solution to address critical water security challenges facing the...

FAA gives Boeing 90 days to develop plan to address quality issues

Boeing must develop a comprehensive plan to address "systemic quality-control issues" within 90 days, the head of the U.S. Federal Aviation Administration said Wednesday, after a mid-air emergency last month sparked renewed safety concerns.

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Boracay seeks more investments as tourism growth gathers pace

Boracay is positioning itself for another wave of investment as rising tourist arrivals fuel demand for hotels, retail, entertainment, and other businesses, with a P3-billion development led by businessman Kevin Wong emerging as one of the island’s latest major projects.

VinFast chooses Philippines as new market for VF 8 SUV

VinFast is positioning the Philippines as the first international market for its all-new VF 8 electric SUV, signaling growing ambitions in Southeast Asia’s increasingly competitive electric vehicle (EV) sector.

Regulator issues rules extending power disconnection suspension through year-end 2026

The Energy Regulatory Commission (ERC) has released the guidelines extending the suspension of power service disconnections through the end of December 2026 for qualified low-income residential consumers, balancing immediate household relief with strict settlement conditions for distribution utilities.

DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.
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