Tag: Pope Francis

The Philippine Competition Commission (PCC) has approved ABC Energy Inc.'s acquisition of a 40 percent minority stake in Alternergy Tanay Wind Corp. and Alabat Wind Power Corp., ruling that the transaction is unlikely to lessen competition in the country's fast-growing renewable energy sector.

Seven Philippine-listed companies have been named to Forbes Asia's 2026 Best Under A Billion list, underscoring the resilience of the country's mid-sized enterprises as they continue to grow despite a challenging global business environment.

Alex Eala officially broke into the WTA Top 20 after the latest world rankings were released following her breakthrough title at the Mubadala DC Open, a WTA 500 tournament. The historic climb gives the Filipina star fresh momentum heading into a crucial stretch that includes the WTA 1000 events in Toronto and Cincinnati before the season's final Grand Slam, the US Open. As a seeded player, Eala is assured of valuable ranking opportunities, and a deep run in any of the three tournaments could propel her closer to the Top 10, with the US Open offering double the ranking points haul.

Converge ICT Solutions Inc. posted the Philippines’ best fixed broadband performance in the second quarter, according to the DICT’s latest Oplan Bantay Signal report. The provider recorded the fastest download speed at 158 Mbps, lowest latency at just 5 milliseconds, and saw customer complaints drop 84 percent from January to June. No Converge-served area fell below the 15 Mbps minimum speed threshold.