Top News
Cebu Pacific defers China flights relaunch; redeploys aircraft to Vietnam, Thailand instead
Cebu Pacific has deferred anew the relaunch of several flights to China due to a combination low demand and the state of Philippines-China relations.
Gymnast Carlos Yulo wins Philippines 2nd Olympic gold
Great things do come in small packages. And Filipino gymnast Carlos Yulo proved that in Paris on Saturday, winning the Philippines’ second Olympic gold and the first for gymnastics.
Less than a third of renewable energy proponents push ahead and build power plants
A fairly large number of renewable energy firms propose sending their output to the National Grid Corporation of the Philippines (NGCP) and undergo so-called system impact studies (SIS), based on end-June data at the Department of Energy (DOE).
GCash parent Mynt secures fresh investments; company valued at USD5 billion
Globe Fintech Innovations, Inc., the parent company of GCash and better known as Mynt, has secured significant new investments from Ayala Corp. and Mitsubishi UFJ Financial Group of Japan, effectively valuing the financial technology company at USD5 billion compared with only USD2 billion in 2021.
AG&P contracted to deliver 70 MW of geothermal power in Eastern Visayas
The Philippine-headquartered Atlantic, Gulf and Pacific Company of Manila Inc. (AG&P Industrial) has ventured into the renewable energy sector and partnered exclusively with Cresphil Inc., Energy Stream Power Corp. and Royal Eijkelkamp in a project delivering geothermal power in Eastern Visayas.
