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Oil prices fall on sticky inflation, bigger-than-expected US crude stock build

Oil prices fell in early Asian trade on Wednesday after a U.S. industry group reported crude stocks rose more than expected last week and as investors reined in expectations for interest rate cuts by the U.S. Federal Reserve.

Globe activates segment of Philippine Domestic Submarine Cable Network, enhancing network

Globe Telecom Inc. said Wednesday it has activated a segment of the Philippine Domestic Submarine Cable Network from Luzon to Mindanao, expanding the reach and enhancing the resiliency the Ayala Group’s telecommunications and financial technology arm network.

Disneyland character performers announce plans to unionize

Performers of Disney's DIS.N cartoon characters such as Mickey, Donald and Goofy at its Disneyland theme park are looking to join Actors' Equity Association, a labor union representing those who work in live theatrical performance.

Unless fully validated, Meralco rate adjustment may be premature – ERC

The Energy Regulatory Commission (ERC) on Tuesday renewed the call for the distribution utilities (DUs) to be diligent in validating costs imposed by the generation companies (GenCos) before passing them on to consumers.

SPNEC makes it to the MSCI Small Cap Index

SP New Energy Corp. has made it to the exclusive MSCI Philippines Small Cap Index, the only addition to the closely watched stock market gauge.

Just in

Filipino investors broaden global exposure as BPI Wealth grows

Filipino investors are increasingly looking beyond domestic markets as inflation, peso weakness and market volatility fuel demand for broader diversification, with offshore assets now accounting for about 15 percent to 20 percent of BPI Wealth’s assets under management (AUM).

Nestlé, Puregold turn sachets into store displays

Nestlé Philippines and Puregold Price Club Inc. are giving millions of used plastic sachets a second life as retail display materials, putting circular-economy practices directly into supermarket aisles while cutting demand for virgin materials and reducing distribution trips.

AboitizPower earns ASEAN recognition for energy sector contributions

Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.

Lifesaver on Wheels: LG turns over ₱1.6-M ambulance to Laguna upland village

Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.
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