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P1T reserve breach powers SSS pension boost

State-run pension fund Social Security System (SSS) is set to roll out another round of pension increases and a new micro loan program after its reserve fund breached the P1-trillion mark for the first time in its 69-year history, the Department of Finance (DOF) announced Thursday.

DOE mandates energy storage for bigger renewable projects to boost grid reliability

The Department of Energy (DOE) has issued a new circular aimed at encouraging wider adoption of energy storage systems (ESS) across the country.

Searca and TFNet launch collaborative growth program

The Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) and the International Tropical Fruits Network (TFNet) have signed a partnership to strengthen tropical fruit production in the region. The agreement, formalized through a memorandum of understanding (MOU) on February 12, aims to promote research, education, innovation, and capacity-building across Southeast Asia and other tropical fruit-producing areas.

Globe strengthens innovation drive, connects startups to real world enterprise needs   

The Globe Group is stepping up its push to make innovation a core part of its corporate strategy by directly linking startups with real business environments.

Philippines may hit A-level credit rating in 2 years, Salceda says

Former Albay Congressman and House Ways and Means Committee Chairman Joey Salceda said the Philippines is close to securing an A-level sovereign credit rating, the highest tier of creditworthiness, and potentially within two years under the administration of President Ferdinand Marcos Jr.

Just in

ADB: Philippines stays course despot inflation surge

Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.
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