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Fuel surcharge eases anew in February

The fuel surcharge in February eases further to Level 5 from Level 6 in January, making possible for the various airlines to sell even cheaper seats during the month.

Not all system impact reviews result in new power plants

One hundred seventy-five power plants generating a combined 39,908.964 megawatts (MW) were subjected to a full engineering review known as system impact studies (SIS) at the National Grid Corporation of the Philippines (NGCP) in 2023, the Department of Energy (DOE) said on Tuesday.

PDS Group supports Frederick Go as top economic adviser

The board the Philippine Stock Exchange Inc. and of the Philippine Dealing System Holdings Corp. have expressed their support for the appointment of Frederick D. Go as Presidential Assistant on Investment and Economic Affairs. 

Direct Access Link project at Clark underway

Clark International Airport Corp. (CIAC) announced on Tuesday the construction of the Clark Direct Access Link, a dedicated road network directly connecting the airport...

Philippine pineapple sell at premium in China 

The Philippines posted a 5.1 percent growth in the volume of pineapple exports in 2023, according to a preliminary review of major tropical fruit exports by the United Nations Food and Agriculture Organization (FAO).

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Special bus service to fill LRT-2 service gap

Transport authorities are rolling out a plan to ease the squeeze from limited LRT-2 operations. Transportation Secretary Giovanni Lopez has ordered the LTFRB and LRTA to study issuing special permits for buses to run the full LRT-2 route—Antipolo to Recto and back—stopping at all stations.

A simple formula may predict when AI chatbots go rogue

Artificial intelligence can sound like the smartest person in the room, until it starts giving advice that could do real harm. Now, two physicists at The George Washington University say they may have found a way to predict when that happens, using a surprisingly simple mathematical formula.

OceanaGold boosts Didipio mine safety monitoring

OceanaGold (Philippines), Inc. has improved how it monitors the tailings storage facility at its Didipio Mine, using new technology to track changes in the structure, especially during the rainy season when heavy rainfall can increase risks.

SEC raises capital requirements for stock brokers to boost market stability 

The Securities and Exchange Commission is moving to increase the minimum capital requirement for stock brokers and dealers, aiming to strengthen financial safeguards and align the local market with international standards.
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