ACMobility has partnered with Robinsons Land Corporation to accelerate electric vehicle (EV) adoption in the Philippines through the rollout of more than 200 EV charging points across Robinsons Land properties nationwide starting this year.
The Department of Transportation (DOTr) and the Light Rail Transit Authority (LRTA) signed a financing agreement with Land Bank of the Philippines (LANDBANK) to settle P3.6 billion in government obligations to Light Rail Manila Corporation (LRMC), the private operator of LRT-1.
The escalating crisis in the Middle East is beginning to weigh on global labor markets, with the International Labour Organization (ILO) warning that the Philippines faces growing economic risks due to its heavy dependence on overseas employment and remittance inflows.
TikTok Shop is ramping up efforts to support more micro, small, and medium enterprises (MSMEs) across the Philippines, with plans to strengthen partnerships with local government units (LGUs) and expand its “Unlad Lokal” initiative deeper into the Visayas and Mindanao by 2026.
As rising oil prices and supply disruptions continue to strain households and businesses, Ayala Corporation said it is ramping up sustainability and efficiency initiatives across its businesses to help ease costs for consumers.
Globe has launched a new onsite distribution operations (OSDO) hub in Barangay Mahabang Parang, Angono, Rizal, bringing its broadband services, prepaid products, and direct customer support closer to residents and nearby communities.
Philippine headline inflation eased to 6.8 percent in May from 7.2 percent in April, coming in below the Bangko Sentral ng Pilipinas’ (BSP) projected range of 7.1 percent to 7.9 percent as transport costs and food price increases moderated, according to data released Friday by the Philippine Statistics Authority (PSA).
PLDT Inc. has entered into a share purchase agreement with Paragon Vertical Corp. to buy its 65.1 percent stake in Radius Telecoms Inc. This covers over 4.6 million common shares plus related beneficial holdings. Once the transaction closes, following required approvals from the Philippine Competition Commission and the National Telecommunications Commission, PLDT will hold 100 percent of Radius. The company said the move will not negatively impact its existing business, finances, or operations.
The Philippines is expanding its technology-driven emergency response network with the activation of four new Satellite Command Centers (SCCs), strengthening the reach and resilience of the Unified 911 Emergency Response System.