CIAC maintains top audit rating for 2024
The Clark International Airport Corp. (CIAC) has received its eighth consecutive unmodified opinion from the Commission on Audit (CoA), confirming the agency’s consistent adherence to sound financial management and reporting practices for fiscal year 2024.
AWS re/Start program helps Filipinos launch tech careers
The second batch of the AWS re/Start program, backed by Chevron Philippines and implemented with Edukasyon.ph, has achieved notable success, with over 60 percent of scholars securing employment within three months from graduation.
August inflation seen to rebound slightly
Inflation is expected to edge up in August to between 1.4 percent and 1.5 percent, following July's six-year low, according to Jesus Mariano “Manny” Ocampo, president and COO of the Investment & Capital Corporation of the Philippines (ICCP). The anticipated uptick is attributed to flood-related supply disruptions in agriculture and the delayed impact of U.S. tariffs on select exports.
Meralco hikes power rate by P0.63/kWh this August
The Manila Electric Company (Meralco) has implemented a rate increase of P0.6268 per kilowatt-hour (kWh) this August, bringing the overall residential rate to P13.2703 per kWh from P12.6435 per kWh in July. This translates to an additional P125 in the monthly electricity bill for a typical household consuming 200 kWh.
Philippines blanks China, 14-0, in World Games floorball match
The Philippine men’s floorball team didn’t just salvage seventh place—they lit up Chengdu like a Roman candle, bulldozing host China in a 14-0 beatdown...
