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Cebu Pacific sets 19% more capex under 2024 budget year

Cebu Air, Inc., operator of Cebu Pacific, said it has set a higher capital expenditure (capex) budget by 19 percent next year, maily for...

First research and development facility for agri machinery soon to operate in Nueva Ecija

The Department of Agriculture, through the Philippine Center for Postharvest Development and Mechanization (DA-PhilMech) and the Korea International Cooperation Agency (KOICA), has launched the...

Australian government grants awards scholarships to over 50 Filipinos 

A new batch of high-achieving Filipinos will start their postgraduate studies in Australia by January 2024 under Australia Awards.  The contingent includes 54 scholars...

Exporter group pushes passage of economic, trade-related bills to boost export rebound

Exporters are pushing Congress to pass several economic and trade-related bills needed to sustain the rebound in exports amid the continuing weakness in the global economy, as they also hope for the renewal of some trade preference programs that help the country maximize overseas market openings for its products.

November GIR rises to US$101.3 billion

The country’s gross international reserves (GIR), an indicator of capacity to pay maturing foreign obligations, rose to USD101.3 billion as of end-November 2023 from the end-October 2023 level of USD101.0 billion, the Bangko Sentral ng Pilipinas (BSP) said.

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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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