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Bank loans accelerate 7 percent in November

The various banks extended loans 7.4 percent higher in November last year aggregating P11.1 trillion, the Bangko Sentral ng Pilipinas (BSP) said, citing preliminary data.

DOE commits to better bid conditions in succeeding MGSP-CSP exercises

The Department of Energy (DOE) on Sunday committed to address bidder issues citing the lack of time for proponents to submit competent bids as micro-grid service providers under the competitive selection process (MGSP-CSP) program.

DITO looks to gain market share even as it tempers 2024 capex program

DITO Telecommunity Corp., having ramped up an aggressive nationwide network rollout last year, has scaled back its capital expenditures (capex) this year.

World Bank sees faster PH growth this year

The World Bank projects local output growth in the Philippines accelerating by 5.8 percent this year and next, up from an estimated growth of 5.6 percent in 2023. 

SEC shuts down corporation selling financial, health benefits from mushrooms

The Securities and Exchange Commission has revoked the corporate registration of Infinity8Networks Digital Services OPC plus a fine of P1 million for illegally soliciting investments.

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DA moves  to cut Benguet veggie losses amid rains

The Department of Agriculture (DA) and its Cordillera (DA-CAR) office are stepping in to protect harvests and reduce farmer losses as persistent rains damage crops and disrupt Benguet vegetable trading.

Goldilocks switches on 1,010 kW rooftop solar in Cebu, Pangasinan to cut emissions, power costs

Goldilocks Bakeshop Inc. has inaugurated rooftop solar power facilities in Cebu and Pangasinan, marking a major step in its push for greater energy efficiency and reduced environmental impact.

HSBC urges Philippines to turn investor interest into projects

The Philippines must move faster to convert investor interest into actual projects as global capital grows more selective amid geopolitical tensions and market volatility, HSBC Philippines said.

RLC to more than double logistics footprint by 2030 

Robinsons Land Corp. (RLC) is positioning logistics as its next major growth engine, planning to more than double its industrial and warehouse footprint by 2030 as it seeks to deepen recurring income.

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