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LNG supply seen tight until 2025

The supply of liquefied natural gas (LNG) in markets around the world is seen to remain tight through 2025, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

Broadening price pressures compel BSP to raise rates anew by 50 basis points

The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) at its meeting on Thursday raised the interest rate on the its overnight reverse repurchase facility by 50 basis points to 6 percent, effective tomorrow, 17 February 2023. 

BSP greenlights GCash Overseas beta app

GCash, Globe Telecom’s mobile wallet, on Thursday secured the approval of the Bangko Sentral ng Pilipinas (BSP) to use the e-wallet overseas using international...

Less than a third of LGUs still without solid waste management plans

The Department of Environment and Natural Resources (DENR) is optimistic the remaining local government units (LGUs) still without approved solid waste management plans should have...

Infra projects impact confluence boosting mobility and tourism

The government’s big-ticket infrastructure projects in tandem with the more humble undertakings of the Department of Transportation will help boost tourism in far-flung areas...

Just in

ACEN units surrender two solar contracts

Subsidiaries of ACEN Corp., the listed renewable energy arm of the Ayala Group, have voluntarily relinquished two solar energy operating contracts in Quezon and Zambales, citing land acquisition and site access constraints that affected the projects’ development.

Toyota sees auto sales dipping up to 2% in 2026

The Philippine automotive market could shrink by 1 percent to 2 percent in 2026 before returning to growth in 2027, according to Toyota Motor Philippines (TMP), as weaker sales in the first seven months weigh on the industry’s near-term outlook.

IP filings rise as counterfeit seizures decline

Intellectual property filings in the Philippines are continuing to grow year-on-year even as seizures of counterfeit goods decline, suggesting a shift in the country’s enforcement landscape as physical markets lose prominence and online platforms face tighter scrutiny.

Samsung lines up P2B inductor project in Laguna 

Samsung Electro-Mechanics Philippines (SEMPHIL) is preparing two additional manufacturing investments in Laguna, adding to its previously announced USD1-billion expansion as the electronics industry responds to rising demand for components used in automotive systems, artificial intelligence and high-performance computing.
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