Top News
President Marcos bans all POGOs, tells PAGCOR to wind down licenses by year end
President Ferdinand Marcos Jr. on Monday ordered the Philippine Gaming and Amusements Corp. to stop all Philippine Offshore Gaming Operations amid their illicit activities, and instructed other agencies to find jobs for those who would be displaced by the end of POGO ventures in the country.
Ayala, Gokongwei in talks for airline partnership after banks’ merger
The Ayala and Gokongwei groups appear to be looking at extending their partnership in banking to other business interests.
Solar firm looks to add 250 MW to Luzon grid
Renewable energy developer NKS Solar One Inc. is seeking Energy Regulatory Commission (ERC) approval for the construction of a dedicated point-to-point transmission facility connecting its power plants in Laguna to the Luzon grid.
El Niño-driven temperature spikes seen boosting Meralco sales 8.7 percent higher in 1H
The Manila Electric Co. (Meralco) over the weekend projected sales in the first six months growing 8.7 percent higher compared to last year.
DICT assess impact of Microsoft global software outage on local business, economy
The Department of Information and Communications Technology said Friday it is assessing the impact on local companies and the broader economy of the global software outage caused by an alleged faulty update at Microsoft by its cybersecurity provider.
