Top News

Robinsons Land Corp. is set to undergo significant leadership changes next month, signaling both continuity and transformation, following decisions made during the meeting of its board held Monday.

PacificLight Power Pte. Ltd., an energy generation company owned by FPM Power Holdings—a joint venture between First Pacific Company Limited and Meralco PowerGen Corporation—has been awarded the right to develop, own, and operate a groundbreaking hydrogen-ready combined cycle gas turbine (CCGT) plant on Jurong Island, Singapore.

Output expansion across the Philippines in 2024 likely moderated to 5.5 percent in terms of the gross domestic product (GDP), from actual growth averaging 5.6 percent the year before, according to latest estimates by financial information and analytics firm S&P Global.

The balance of payments (BOP), essentially what is left after the country's foreign-currency earnings are deducted from its expenses, is projected to remain in surplus of some USD3.5 billion in 2024, according to the Bangko Sentral ng Pilipinas (BSP).

The Philippines fell short of its tourist arrival target for 2024, recording 5.95 million foreign visitors, well below the goal of 7.7 million.