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Panlilio steps down as president and CEO at PLDT Inc.

PLDT Inc. on Tuesday announced the retirement of its president and chief executive effective 31 December this year due to health reasons.

ACEN inks deal for pioneering coal-to-clean energy initiative

ACEN Corp., the listed energy platform of the Ayala Group, said Tuesday it has partnered with The Rockefeller Foundation’s Coal to Clean Credit Initiative and the Monetary Authority of Singapore to explore a major step towards accelerating the phase out of coal plants in line with the Paris Agreement.

Headline inflation slowed to 4.1% in November on slower rise in food prices

A deceleration in the rate of increase in food prices and year-on-year decline in fuel prices slowed headline inflation further to 4.1 percent in November after slipping to 4.9 percent in October, the Philippine Statistics Authority said Tuesday.

Manila Water subsidiary terminates supply contract with Cebu water district

Manila Water Co. Inc. said on Monday that its subsidiary, Cebu Manila Water Development Inc. (CMWD), has terminated its bulk water supply contract with Metro Cebu Water District (MCWD) beginning 1 December this year.

Gasoline, kerosene prices up as cost of diesel drops

The various fuel retailers have raised the price of their gasoline products but cut the cost of diesel and kerosene.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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