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Boracay Hotels plug into cheaper, steadier power with first-of-its-kind energy pact

EvoEnergi, the retail electricity supplier behind the initiative, said the new collective—dubbed EVO Boracay—brings together Discovery World Boracay, Hue Hotels and Resorts, The Lind Boracay, and Ferra Premier with Ferra Hotel & Garden Suites. Together, they represent a combined peak demand of roughly 1,360 kW.

Globe, Nokia launch ultra-fast 5G mmWave technology

Globe Telecom has partnered with Nokia to launch commercial 5G millimeter-wave (mmWave) technology in the Philippines, delivering fiber-like internet speeds without the need for physical cables.

Bright future for CamSur farmers with FP Island – Agrabah deal

Lopez-led microgrid operator FP Island Energy Corp. has sealed a partnership with agri-tech start-up Agrabah Ventures Inc. to strengthen the livelihoods of farmers, fisherfolk, and local organizations in remote, off-grid islands in Caramoan and Garchitorena, Camarines Sur.

Air China Cargo orders six Airbus A350F freighters

Air China Cargo has signed a deal to buy six Airbus A350F aircraft, becoming the first mainland Chinese customer for Airbus’s new-generation freighter.

RCBC sees trade boom, SCF to triple

The Rizal Commercial Banking Corp. (RCBC) expects its trade flows to grow to ₱330 billion by end-2025, fueled mainly by clients in telecommunications, energy, petroleum infrastructure, and manufacturing.

Just in

SMPC plans “sustainable mine strategy” as Semirara coal contract nears expiry

Semirara Mining and Power Corp. (SMPC) says it is preparing a sustainable mining plan as it seeks to continue operating the Semirara coal resource in Antique, even as the government moves ahead with a bidding process for the site.

Gasoline, diesel prices up; kerosene down

Motorists will see mixed fuel price changes this week, with gasoline and diesel prices going up slightly, while kerosene continues to get cheaper.

Airports in Eastern Samar Operational After 6.1 Quake — CAAP

The Civil Aviation Authority of the Philippines (CAAP) said Monday that all airports in Eastern Samar and nearby areas remain open and safe after a magnitude 6.1 earthquake on May 4.

A. Brown secures investment grade for maiden bonds

A Brown Company, Inc. has secured an investment-grade credit rating ahead of its planned maiden bond issuance, signaling market confidence as it taps debt markets to fund expansion across real estate and renewable energy.
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