The Philippine peso tumbled to a fresh record low on Thursday, breaching the P60-per-dollar mark, as escalating geopolitical tensions in the Middle East and surging oil prices rattled markets and drove investors toward the safety of the US dollar.
The Philippine Coconut Authority (PCA) says it does not support proposals to fully suspend the country’s biodiesel blending program, despite rising global fuel prices linked to the Middle East conflict.
The Jollibee Group has secured one of the world’s highest workplace recognitions, earning the Gallup Exceptional Workplace Award (GEWA) with Distinction from Gallup for its outstanding employee engagement and people-first culture.
PLDT Inc. has assured customers that its services will remain stable and uninterrupted despite escalating geopolitical tensions in the Middle East, emphasizing its readiness to respond to potential global disruptions.
The National Tobacco Administration (NTA) has urged local government units to strengthen efforts against cigarette smuggling, saying the illegal trade costs the country billions of pesos each year.
Starlink Internet Services Philippines Inc. has filed applications with the National Telecommunications Commission (NTC) to operate in two key data transmission segments: Core/Backbone Network Provider and International Gateway Facility Provider.
CEBU-BASED Aznar Shipping Corp. will invest P504 million to acquire two new roll-on/roll-off passenger vessels next year, backed by proceeds from its planned initial public offering.