The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday approved a P1 provisional fare hike for modern and traditional public utility jeepneys (PUJs) nationwide starting October 8 this year.
Yields on Philippine treasury bills (T-bills) were higher at the auction Monday as the market worries over further acceleration in inflation could force the Bangko Sentral ng Pilipinas to resume its aggressive tightening of monetary policy.
Cebu Air Inc. on Thursday bared plans to order narrow body aircraft from US aircraft manufacturer Boeing as part of its risk management options and to "diversify risk" in the wake of issues arising from Pratt and Whitney (P&W) engines.
The government, through sovereign wealth fund Maharlika Investment Corp., is looking to acquire at least one board seat in the National Grid Corp. of the Philippines, operator of the country’s national electricity transmission highway, House Speaker Ferdinand Martin Romualdez said.
If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.
Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.
Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.
Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.