Tag: Middle East

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ICTSI expands boldly in the Middle East despite tensions

International Container Terminal Services Inc. (ICTSI) is pressing ahead with expansion and acquisitions even as geopolitical tensions in the Middle East begin to ripple across global shipping routes and costs.

February inflation up at 2.4% on higher food prices

Headline inflation edged higher in February, signaling renewed price pressures from key food staples even as broader trends remain relatively contained.

President Marcos pledges fuel stability amid Middle East conflict

President Ferdinand Marcos Jr assured Filipinos on Tuesday that the country’s fuel supply remains secure despite volatility in global oil markets triggered by escalating tensions between the United States and Iran.

Philippines seal first Middle East FTA

The Philippines is set to clinch its first free trade agreement with a Middle Eastern nation, with the signing of a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates next week, a move expected to widen Manila’s commercial footprint in the Gulf.

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Meralco: No disconnection for pending billing complaints, ERC suspension in force until July

Meralco clarified that customers with pending billing disputes will not have their power cut, and do not need to pay the contested amount while their cases are being reviewed. The announcement follows recent social media concerns over billing issues. The firm also noted that the Energy Regulatory Commission’s nationwide suspension on disconnections for all unpaid bills from May to July 2026 remains in effect. Meralco urged customers to raise questions through official channels, adding that all concerns are being assessed and resolved promptly.

Globe keeps mobile lead, drives data and personalized service growth

Globe has maintained its top position in the Philippine mobile market, boosted by ongoing investments in network quality, customer experience and new technologies.

Security Bank backs Bataan solar project as sole lender, partners with global climate investors

Security Bank Corporation has served as the sole lender for the 17.4 MW Solana Solar Beta solar power facility in Hermosa, Bataan. Developed by SSBI under CN Green Roof Asia, the project will generate around 35.5 gigawatt-hours of clean electricity yearly, supplying 10 MW under a 20-year deal with Peninsula Electric Cooperative (PENELCO).

The seaside tree hiding the next skincare goldmine

Scientists have found that the humble bitaog tree—also known as Palo Maria, Tamanu Tree, Dangkalan, or Alexandrian laurel—that are common along Philippine coastlines and often overlooked, produces an oil rich in compounds prized by the skincare industry. 

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