Tag: ASEAN

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Philippines’ climate budgeting system gains regional traction

The Philippines’ Climate Change Expenditure Tagging (CCET) system is emerging as a regional benchmark as Southeast Asian governments move to treat climate risks as fiscal shocks and hardwire resilience into national budgets.

ASEAN ramps up grid, fuel pact cooperation

Southeast Asian economic ministers are accelerating regional energy cooperation, fast-tracking the ASEAN Power Grid and the ASEAN Petroleum Security Agreement (APSA) to cushion the bloc against mounting fuel and power risks.

Palo Alto Networks launches AI-focused cybersecurity tools in ASEAN

Global cybersecurity firm Palo Alto Networks has rolled out a new suite of security solutions across ASEAN markets, including the Philippines, as enterprises grapple with rising risks tied to cloud computing and artificial intelligence.

ASEAN warns m of Middle East risks, boosts resilience

Finance leaders from the Association of Southeast Asian Nations (ASEAN) have raised alarms over escalating tensions in the Middle East, warning that prolonged instability could deepen geopolitical risks and weigh further on a fragile global economy.

Philippines pushes inclusive, resilient ASEAN finance agenda

As this year’s chair of the Association of Southeast Asian Nations (ASEAN), the Philippines will steer a round of financial talks, setting the tone for deeper regional cooperation to boost economic activity and expand financial inclusion across Southeast Asia.

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CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.

Vivant Q1 profit holds firm amid expansion push

Vivant Corp. kept first-quarter core earnings largely steady as resilient on-grid power assets and a growing water business helped offset weaker performance from its off-grid operations.

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