Tag: Consumer Demand

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DOE prepares new auction for biomass and off-grid areas

The Department of Energy (DOE) is preparing two new rounds of the Green Energy Auction (GEA) to boost renewable energy use across the country.

Global port giant ICTSI reports 22% net income jump to $590M in first half of 2026

Global port operator International Container Terminal Services Inc. (ICTSI) posted a 22 percent increase in net income for the first half of 2026, driven by higher cargo traffic, new terminal operations, and strong revenue growth across its worldwide network.

Treasury bill yields ease as inflation hopes strengthen

The Bureau of the Treasury fully awarded P50 billion worth of Treasury bills on Monday after robust investor demand drove borrowing costs lower across all tenors, signaling growing confidence that inflationary pressures may be easing despite lingering risks from energy prices.

STT GDC expands Philippine AI data center investments

ST Telemedia Global Data Centres (STT GDC) is accelerating its Philippine expansion, betting that surging demand for artificial intelligence and cloud computing will outweigh long-standing concerns over electricity costs and strengthen the country's position as a regional digital infrastructure hub.

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