Wednesday, 20 August 2025, 9:20 pm

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    Bitcoin bursts above $68,000, record high comes into view

    Bitcoin rallied to a two-year high on Monday, breaking above $68,000 as a wave of money carried it within striking distance of record levels. The price hit a session high of $68,580 and was last at $68,161. Bitcoin hit a record $68,999.99 in November 2021.

    ACEN Australia, Marubeni Asian Power sign deal for AUD250M solar project

    Philippine-listed renewable energy firm ACEN Corp. said Tuesday its unit, ACEN Australia, signed a cooperation agreement with Marubeni Asian Power Singapore for the joint development of a 200 megaWatt/400 MW-hour battery energy storage system in New South Wales.

    ACEN rate adjustment claims could force Meralco to seek adjustments of its own

    The Manila Electric Co. (Meralco) said power rates in Metro Manila could go up should regulators allow ACEN Corp. to apply so-called change in circumstance (CIC) claims on its power supply agreements (PSAs) with the distribution utility. 

    Japan’s new births fall to record low in 2023 as demographic woes deepen

    The number of babies born in Japan fell for an eighth straight year to a fresh record low in 2023, preliminary government data showed on Tuesday, underscoring the...

    China Bank posts record P22 billion net profit in 2023, up 15%

    China Banking Corp., one of the lenders owned by the Sy Group, said Tuesday net profit in 2023 rose 15 percent to a record P22 billion on double-digit growth in net interest income and lower provisions for possible loan losses.

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    PAL launches new Siargao flights from Clark and Cebu

    The Philippine Airlines (PAL) has expanded its domestic network with the launch of new flights to Siargao from Clark and Cebu, the flag carrier announced on Wednesday.

    DOE tackles net metering bottlenecks

    The Department of Energy (DOE) has pledged to resolve persistent issues surrounding the country's net metering program, emphasizing a coordinated push to streamline application processes and reduce bureaucratic barriers.

    PLDT powers 17 facilities with renewable energy in major green shift

    PLDT Inc. on Wednesday announced transitioning 17 of its high-power-consuming facilities, including its main offices in Makati City, to renewable energy (RE) under the Competitive Retail Electricity Market (CREM) program.

    Australia deepens defence ties with Philippines and Malaysia

    Australia’s Deputy Prime Minister and Minister for Defence, Richard Marles, is visiting Malaysia and the Philippines this week in a bid to bolster defence cooperation and reaffirm Australia’s strategic engagement in Southeast Asia.

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