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Electric cooperatives drew P450 million in NEA loans

The National Electrification Administration (NEA) has extended loans to various electric cooperatives totaling P450.66 million as at end-May this year. The loans benefited 16 electric...

BSP cuts the banks’ deposit reserves

Beginning June 30 this year, the various banks and financial institutions will observe substantially lower reserves on their deposit holdings, according to the Bangko...

Globe offers international roaming sans local SIM switch

Globe Telecom Inc. has expanded its 5G coverage around the world, with its roaming service now available in a total of 67 countries and...

SPNEC to break ground at its Nueva Ecija solar facility this year

SP New Energy Corp. on Thursday bared plans to break ground this year at its Nueva Ecija solar facility in the province. The facility is...

Fiber internet firm scores high in ESG

Converge ICT Solutions Inc. on Thursday bared scoring higher in the environment, social, and governance (ESG) metrics tracked by global investment research firm MSCI...

Just in

DEDON taps solar-backed power plan for Cebu factory

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Treasury bill yields climb as inflation risks mount

Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.

Substantial diesel rollback offers respite after peak spikes

Local fuel prices roll back this week after three consecutive weeks of increases, the Department of Energy (DOE) announced Monday.

Eala makes Asian Games debut look easy

Alex Eala did not exactly ease into the Asian Games. She arrived with a racket and apparently no interest in small talk.
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