The Department of Information and Communications Technology (DICT) aims to reduce broadband internet costs in the Philippines by up to 50 percent over the next three years, DICT Secretary Henry R. Aguda told journalists at the Economic Journalists Association of the Philippines or EJAP Infrastructure Forum.
Retail pump prices surged by over P1 per liter this week, marking the second straight week of hikes, as geopolitical and market dynamics tighten global supply.
PetroEnergy Resources Corp. (PERC) announced that its affiliate, San Jose Green Energy Corp. (SJGEC), has secured a P498-million term loan facility from Rizal Commercial Banking Corp. (RCBC) to partially finance its 19.6-megawatt solar power project in San Jose, Nueva Ecija.
Emperador Properties, the real estate investment arm of Filipino businessman Andrew L. Tan, has acquired full ownership of Caleido, a landmark mixed-use complex in Madrid's prestigious Cinco Torres Business District.