Top News
Headline inflation rises to 2.9% in December
Consumer prices picked up pace in December, with inflation rising to 2.9 percent year-on-year, up from 2.5 percent in November. The Philippine Statistics Authority attributed the increase primarily to higher housing and utility costs, as well as transport fares, which contributed significantly to the upward trend.
Price cap on imported rice: What consumers need to know
The Department of Agriculture (DA) is moving forward with a maximum suggested retail price (MSRP) for imported rice, aiming to keep prices below P60 per kilogram.
Gokongwei siblings stepping back from executive roles
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 to build Singapore’s largest hydrogen-ready power plant
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.
S&P unit projects moderate growth for PH in 2024
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.
