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.
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.
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.
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 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.
Chinese bearing manufacturer C&U Group is ramping up its Philippine expansion with a USD132 million investment in its Sto. Tomas, Batangas facility, further cementing the country’s role in the company’s global manufacturing network.
A new partnership among Ayala Corp., Mynt, and Mitsubishi Corp. is projected to generate around P7 billion in revenues as the companies roll out “Smart Life” digital services aimed at making everyday transactions faster and more convenient for Filipinos.
Philippines is moving to expand agricultural exports to Japan while simultaneously importing advanced logistics and post-harvest technologies that officials say could reshape domestic supply chains, Agriculture Secretary Francisco Tiu Laurel Jr. said following meetings in Tokyo.