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IEA working to cut renewable energy costs in developing world

The International Energy Agency will work to ensure the World Bank, regional development banks and others prioritize the cost of investing in clean energy in developing countries following the COP28 summit last week, its executive director said.

How far could China-Philippines relations worsen?

China and the Philippines have ramped up rhetoric on defending territorial claims in the South China Sea, despite both calling for dialogue to settle tensions over that strategic waterway.

AI cannot be patent ‘inventor’, UK Supreme Court rules in landmark case

An American computer scientist on Wednesday lost his bid to register patents over inventions created by his artificial intelligence system, in a landmark case...

BlackBerry posts surprise quarterly profit on resilient cybersecurity demand

Canada's BlackBerry reported a surprise quarterly profit on Wednesday, backed by a resilient demand for cybersecurity services amid rising online threats.

Toyota shares slide as unit Daihatsu’s safety scandal widens

Toyota Motor's shares fell more than 4 percent on Thursday after its small-car unit Daihatsu Motor said a day earlier it would halt shipments of all of its vehicles for an indefinite period after discovering more safety-inspection irregularities.

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Filinvest Land leasing revenues rise amid mall growth

Filinvest Land, Inc. said its mall business continued to strengthen in the first quarter, with leasing revenues climbing 17 percent year-on-year to P744 million as higher tenant occupancy and stronger consumer traffic boosted recurring income.

Chinese firms eye Philippines EV, energy expansion

The Philippines is drawing renewed investment interest from Chinese companies involved in electric vehicles (EVs), renewable energy, manufacturing and telecommunications infrastructure, according to Trade Secretary Cristina Roque.

EV loan demand pushes DTI fund expansion

The government is seeking to expand the P2-billion financing pool for a program helping public transport operators transition to electric vehicles (EVs), as demand grows among transport groups and delivery riders looking for cleaner and more cost-efficient mobility options.

Fuel prices to rise across all variants this week

Prices of gasoline, diesel, and kerosene will increase nationwide this week, the Department of Energy (DOE) confirmed on Monday.
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