The Department of Energy (DOE) plans extending power plants longer maintenance shutdowns than are allowed at present to help generation companies perform better and avoid more frequent outages in the future.
The Government Service Insurance System (GSIS) has launched a new digital tool called Property Inventory Application (PIA) aimed at enhancing the management of government properties. PIA is part of the GSIS's commitment to strengthen the protection and stability of government infrastructure.
The Bangko Sentral ng Pilipinas kept key interest rates unchanged at its policy meeting on Thursday, noting inflation risks remain tilted toward the upside. Even so, the central bank dangled the possibility of policy easing as early as August this year.
Goldilocks Bakeshop, Inc., one of the most enduring and beloved Filipino brands in the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores in 2024.
Cebu Pacific announced on Thursday a significant expansion of its Thailand service with the launch of direct flights to Don Mueang International Airport (DMK) starting July 16, 2024.
In the early hours of Thursday in Manila (9 p.m. Wednesday in Rome), the College of Cardinals cast their first vote to choose the 267th Pope, but black smoke from the Sistine Chapel chimney signaled no decision yet.
Outstanding Philippine government debt ticked up slightly to P16.684 trillion by end-March 2025, a 0.31 percent month-on-month increase, signaling stability rather than strain.
The country's gross international reserves (GIR) stood at USD104.6 billion as of end-April 2025, down from USD106.7 billion at the end of March, according to preliminary data released by the Bangko Sentral ng Pilipinas (BSP).
ACEN Corp. said Wednesday that Mitsubishi Corp. and its subsidiary Diamond Generating Asia (DGA) have joined forces with GenZero and Keppel Ltd. to explore a pioneering transition credits mechanism aimed at accelerating the retirement of the 246 MW South Luzon Thermal Energy Corp (SLTEC) coal-fired power plant in Batangas, Philippines.