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Globe Telecom in 2Q rated most consistent fixed broadband

Ookla, the company behind the popular Speedtest app, has recognized Globe Telecom as the most consistent fixed broadband provider in 31 locations across the...

Toll adjustments, vehicle volume push NLEX Corp 1H income 28% higher

NLEX Corp. reported net income rising 28 percent in the first half, driven by vehicle traffic recovery and higher toll rates. The operator of North...

BOP deficit reverses to seven-month surplus of $2.21 billion

The Philippines in July this year continued to report far more foreign currency-denominated expenses than earnings although the shortfall, the Bangko Sentral ng Pilipinas (BSP) said, has sharply diminished on both annual and monthly basis.

Economic briefing in Davao covers inflation, Islamic banking, investment, jobs

The Bangko Sentral ng Pilipinas (BSP) highlighted lower inflation and Islamic banking opportunities in the country during the Post-State of the Nation Address Philippine Economic Briefing (PEB) in Davao City on 9 August.  

Phoenix financial soundness indicators worsen; P3.2B accounting error spurs review, probe

Financial soundness indicators reported by Phoenix Petroleum Philippines Inc. painted a cloudy future for the listed oil company owned by businessman Dennis Uy, with...

Just in

PH leads push to scale up global loss and damage funding as demand far outstrips available aid

The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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