Century Pacific investing more in renewable energy
Tuna canner Century Pacific Food Inc. on Tuesday bared investing more in the renewable energy space with the expansion of its solar photovoltaic facilities and the commissioning of new biomass boilers in General Santos City.
Japan temps DOE with AI-assisted tech helping regulators manage power outages
An official of the Department of Energy (DOE) said a Japanese company is offering its services for the wider use of artificial intelligence to improve the reliability of the Philippine energy sector.
Private port development in Misamis Oriental seen boosting regional growth
The Department of Agriculture (DA) said the anticipated completion of the Lagonglong Port in Misamis Oriental by March next year should help boost trade activities in Mindanao, enhance its logistical capability and create new jobs.
In the Market: Repo market may throw a fit, spur Fed to action
Some Wall Street executives feel a tantrum coming in U.S. short-term financing markets, perhaps as soon as March. It could put pressure on the Federal Reserve to ease policy.
Remolona says rates to ‘stay sufficiently tight’
Reuters - Monetary policy would have to remain "sufficiently tight" with inflation currently forecast to stay above its 2 percent to 4 percent target, making a rate cut at its next meeting unlikely, Bangko Sentral ng Pilipinas governor Eli Remolona said on Monday.
