Top News
Foreign investment pledges drop sharply in Q1
Foreign investment approvals plunged 82 percent in the first quarter to a total P27.99 billion compared to P155.26 billion in the same period last year, according to the Philippine Statistics Authority (PSA).
Supreme Court voids Occidental Mindoro mining ban
The Philippine Nickel Industry Association (PNIA) on Thursday welcomed the landmark Supreme Court (SC) decision invalidating Occidental Mindoro’s 25-year mining ban that resolves long-standing regulatory ambiguities and reaffirms the legal primacy of national laws over local ordinances in natural resource governance.
Remittances climb 2.6% in March, reinforcing economic stability
Personal remittances from overseas Filipinos (OFs) rose by 2.6 percent year-on-year to USD3.13 billion in March this year, up from USD3.05 billion in March 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP).
Globe leads PH telcos in responsible AI rollout
Globe Telecom is accelerating its adoption of Generative AI (GenAI) technologies across its operations, positioning itself as a leader in responsible and impactful AI deployment within the domestic telecommunications sector.
ERC cracks down on 37 gencos over fuel data gaps
The Energy Regulatory Commission (ERC) has issued 40 show cause orders (SCOs) to 37 power generation companies (gencos), for failing to submit complete fuel data for the 2022 audit period—raising serious implications for transparency, cost recovery, and regulatory compliance in the domestic power sector.
