The Philippines is expanding its submarine cable network and has contracted the Japanese telecommunications giant IPS Inc. and affiliate InfiniVAN Inc. in a $150 million project linking Luzon to islands in the Visayas and Mindanao.
President Ferdinand Marcos Jr. has set price ceilings on rice to counter alleged price manipulation that has driven higher the cost of the country’s staple food, his office said Friday.
Rice prices in key exporting countries including Thailand and Vietnam have climbed around 20 percent since India, the world's biggest shipper of the grain, banned shipments of a key variety in July, tightening global supplies.
Aboitiz Power Corp. on Thursday targets to covert 40 percent of its fleet of four-wheelers and bikes into electric vehicles by 2030 and fully electric by 2040.Aboitiz Power said the target supports the Electric Vehicle Industry Development Act which mandates industrial and commercial firms to keep at least five percent of its fleet as EVs.
The National Power Corp. (NPC), in tandem with the European Union (EU) and the World Bank (WB), has turned over completed solar power plants to electric cooperatives (ECs) in Samar, South Cotabato and Sultan Kudarat in ceremonies held Thursday in General Santos City.
The Department of Transportation (DOTr) and LTFRB have selected GCash to deliver fuel subsidies digitally to eligible public utility vehicle (PUV) drivers and operators across the country. The move comes amid rising global oil prices fueled by tensions in the Middle East, which have squeezed the daily earnings and livelihoods of transport workers.
Property giant Megaworld Corp. booked a surge in office lease renewals in the first half of 2026, signaling that demand for well-located, integrated workspaces remains robust even as companies continue to recalibrate their workplace strategies.
Century Properties Group Inc. (CPG) has tapped the domestic debt market to bolster its expansion plans, raising P3 billion through five-year fixed-rate corporate notes as it positions itself for long-term growth amid resilient demand for housing.
Fortinet, a global leader in cybersecurity, has announced it is accelerating its FortiAIGate solution using NVIDIA’s AI platforms and software. The partnership creates a combined security system designed to protect AI workloads, data, and autonomous agents in real time across data centers and cloud environments. It lets organizations safely build, run, and scale AI tools while keeping performance high and meeting governance rules.