Aboitiz Power Corp. on Thursday targets to covert 40 percent of its fleet of four-wheelers and bikes into electric vehicles by 2030 and fully electric by 2040.Aboitiz Power said the target supports the Electric Vehicle Industry Development Act which mandates industrial and commercial firms to keep at least five percent of its fleet as EVs.
The National Power Corp. (NPC), in tandem with the European Union (EU) and the World Bank (WB), has turned over completed solar power plants to electric cooperatives (ECs) in Samar, South Cotabato and Sultan Kudarat in ceremonies held Thursday in General Santos City.
Angel’s Pizza, a unit of the popular Figaro Coffee Group Inc., on Thursday opened nine new branches over a two-month stretch in key areas in Luzon and the Visayas.
The Bangko Sentral ng Pilipinas on Thursday projected higher inflation in August, noting increases in the price of rice and other agricultural products as well as fuel, higher transport cost, and the weaker peso during the month.
SM Hotels & Conventions Corp. (SMHCC) is expanding further into premium leisure with a Shangri-La-branded resort at Hamilo Coast, broadening its hospitality portfolio beyond city hotels, convention facilities and established leisure properties.
Ayala Land’s Vertis North Rain Garden has won two Gold Awards at the NEXT Awards Philippines 2026, recognizing a campaign ll that highlighted the role of nature-based infrastructure in helping cities manage heavier rainfall and flood risks.
Green GSM has expanded its electric taxi network to Northern Mindanao, extending its Philippine footprint beyond major urban markets as the company works to build a nationwide electric mobility business.
The Philippine stock market’s recent slide is raising concerns that weaker investor confidence could eventually weigh on business expansion, hiring and access to financing, the Federation of Philippine Industries (FPI) said.