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Price recalibration, cost cuts ease Del Monte 1Q loss to $13.1 million

Campos-led Del Monte Pacific Ltd. reported a net loss in the quarter ending July to $13.1 million from previous year’s $30.5 million on higher interest expense.

Globe unit strengthens dominance in IT space with Alibaba as ally

Globe Business, the IT-enabling corporate arm of Globe Telecoms, is solidifying its position in the digital landscape by partnering with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to provide Philippines businesses access to their cloud technology.  

DA boasts of 95 percent retailer compliance to EO 39

The Department of Agriculture on Thursday boasted of 95 percent compliance by rice retailers to Executive Order 39 capping the price of the staple to a set number.

Foreign currency reserves marginally lower in August

The gross international reserves (GIR), an indication of a country's capacity to pay for maturing foreign debt and trade obligations, stood marginally lower in August to $99.8 billion from only $99.9 billion in July, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

Two more seek participation in NAIA rehab program

The Department of Transportation (DOTr) on Thursday said San Miguel Corp. and India's GMR Group have expressed interest in joining the  bidding for the P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport. 

Just in

DENR bolsters El Niño readiness nationwide

The Department of Environment and Natural Resources has activated all its units to scale up El Niño preparations, as DOST-PAGASA warns the event could turn very strong by late 2026 and persist into mid-2027.

Philippines sets 75% emission cut goal, moves fast on superpollutants at UN Summit

The Philippines has reaffirmed its 75 percent emission reduction and avoidance target in its 2026 Nationally Determined Contribution (NDC), laying out concrete plans to curb short-lived climate pollutants (SLCPs)—or “superpollutants”—at the Superpollutant Action Summit in New York. Held alongside the 81st UN General Assembly and organized by the Climate and Clean Air Coalition, the summit gathered global leaders to speed action on pollutants that drive rapid warming and health harm.

The electric car meets the Filipino road

The electric vehicle has arrived in the Philippines with a promise familiar to anyone who has spent an afternoon crawling along EDSA: less dependence on gasoline, quieter motoring, and a little less money disappearing into the fuel tank. It’s an appealing proposition. The only complication is that the Filipino road has never been particularly interested in making life easy for anyone.

Manila to host second WTA event in 2027

Manila is set to host a new WTA 250 tournament in late 2027, giving the Philippines a second women’s professional tennis event and a potential new draw for higher-ranked players.
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