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Metro Manila in ’State of Calamity’ due to Southwest Monsoon, Typhoon Carina induced floods
The government on Wednesday declared a state of calamity in Metro Manila, the country’s capital and economic hub, in response to widespread flooding caused by intense rainfall from Typhoon Carina and the Southwest Monsoon.
SteelAsia to invest P82 billion in 5 new steel plants across the Philippines
SteelAsia Manufacturing Corp., a major Philippine steel producer, unveiled its plan to build five new steel plants across the country costing P82 billion it projects will boost domestic manufacturing capabilities, reduce import dependency, and foster economic growth.
President Marcos bans all POGOs, tells PAGCOR to wind down licenses by year end
President Ferdinand Marcos Jr. on Monday ordered the Philippine Gaming and Amusements Corp. to stop all Philippine Offshore Gaming Operations amid their illicit activities, and instructed other agencies to find jobs for those who would be displaced by the end of POGO ventures in the country.
Ayala, Gokongwei in talks for airline partnership after banks’ merger
The Ayala and Gokongwei groups appear to be looking at extending their partnership in banking to other business interests.
El Niño-driven temperature spikes seen boosting Meralco sales 8.7 percent higher in 1H
The Manila Electric Co. (Meralco) over the weekend projected sales in the first six months growing 8.7 percent higher compared to last year.
