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.
Nearly half of Filipino micro, small, and medium enterprises (MSMEs) are facing a talent crunch even as most plan to expand their workforce, prompting Jobstreet by SEEK to widen access to free digital recruitment tools for smaller businesses.
SM Supermalls remains committed to its five-year expansion plan and goal of operating 100 malls by 2030, even as construction delays, higher operating costs, and cautious consumer spending test the retail-property sector.
Elevated inflation is reshaping how Filipinos save, spend, and invest, as persistently high living costs squeeze household budgets and erode the purchasing power of money sitting idle.
The Manila Electric Co. (Meralco) and its power generation arm Meralco PowerGen Corp. (MGEN) are moving forward in their pursuit of nuclear energy, launching a comprehensive feasibility study for small modular reactors (SMRs) that could reshape the country’s power supply for both the industry and consumers.