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DOE mulls longer power firm maintenance periods than are possible at present

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.

GSIS launches new digital tool to enhance government property management

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.

BSP held key interest rates steady, says cut may happen as early as August

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 is set to roll out 30 franchise-owned stores in 2024

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 bares direct flights to Thailand’s DMK international airport

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.

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Grab expands EV charging to accelerate cleaner urban transport

Grab Philippines is expanding its electric vehicle (EV) ecosystem through new partnerships with ACMobility and EVOxCharge, giving electric taxi and transport network vehicle service (TNVS) drivers wider access to charging stations as the company pushes to make cleaner transport more practical and affordable.

Philippines ranks second in ASEAN for AI job exposure

The Philippines has emerged as the second most AI-exposed labor market in Southeast Asia, highlighting both the country's growing digital competitiveness and the urgent need to prepare workers for a workplace increasingly shaped by generative artificial intelligence (GenAI).

Globe finally launches Starlink-powered service for coverage beyond cellular networks

Globe Telecom has introduced its new Globe Starlink service, delivering mobile connectivity to areas outside the reach of traditional cell sites, following its official launch in January and successful pilot tests earlier this year.

PAGASA warns Inday threat still looms

State weather bureau PAGASA on Wednesday warned that Super Typhoon Inday could still unleash heavy rains, destructive winds, and dangerous sea conditions even if current forecasts show it is unlikely to make landfall. "The track may still shift within the limit of the forecast confidence cone,” said PAGASA, cautioning against complacency as the cyclone approaches extreme Northern Luzon on Friday before tracking toward Taiwan. President Ferdinand Marcos Jr. has ordered local governments to carry out preemptive evacuations to reduce risks to vulnerable communities. Inday was packing sustained winds of 195 kilometers per hour, gusts of up to 240 kph, and moving west northwest at 20 kph. PAGASA also expects the typhoon to raise water levels in Luzon dams by about one meter, although the increase will not be enough to significantly ease the region's water supply constraints.

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