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DOE rules out normal power before June this year

Electrical power moving through transmission lines should remain below comfortable levels until around June this year when the Ilijan natural gas-fired power plant comes...

Moody’s unit forecasts sharply lower growth in 1Q

Moody’s Analytics, the data-crunching unit of sovereign credit watcher Moody’s Investors Service, on Monday projected sharply lower economic output from the Philippines in the...

Economy creates more jobs, cuts unemployment rate to 4.7%

Unemployment rate eased further in March, underscoring a steady recovery of the economy from the adverse effects of the Covid-19 pandemic, with a net...

Converge’s Dennis Anthony Uy Plans $1 Billion “Silicon Valley” Project In Pampanga

Dennis Anthony Uy, co-founder of publicly listed Converge ICT, will build in Pampanga his version of Silicon Valley— a billion-dollar venture meant to provide...

Manila floats $2-B ADB loan for public works projects

The Department of Public Works and Highways (DPWH) is seeking a $2 billion loan from the Asian Development Bank (ADB) to build the first...

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