Globe Telecom shrugged off a tougher economic backdrop to post record second-quarter revenues, with surging demand for mobile data, fiber broadband and enterprise digital services cushioning an earnings decline due largely to one-off items.
Bribery has emerged as the impeachment allegation against Vice President Sara Duterte that Filipinos consider the most serious, according to the latest nationwide survey by OCTA Research. The findings suggest the public distinguishes among the allegations rather than viewing the impeachment case as a single political issue.
Thai companies are exploring investment opportunities in the Subic Bay Freeport, signaling growing regional interest in the Luzon Economic Corridor (LEC) as the Philippines positions the flagship growth corridor as a magnet for foreign capital and supply chain investments.
The Federation of Philippine Industries (FPI) is calling for a tougher crackdown on electricity theft and illegal power connections, arguing that reforms to reduce consumers' electricity bills will have a greater impact if they also address long-standing inefficiencies that continue to drive up costs across the power sector.