Tag: Power Sector Assets and Liabilities Management Corp. (PSALM)

Travel companies across Southeast Asia are bracing for a softer second quarter in 2026, but Philippine firms appear less downbeat than their regional peers, according to findings shared by the Philippine Tour Operators Association (PHILTOA).

OpenAI said it will discontinue Sora, its high-profile text-to-video app, just six months after launch, underscoring a strategic pivot toward more commercially viable artificial intelligence products.

The National Price Coordinating Council (NPCC) has approved a proposal from the Department of Agriculture to set a temporary price ceiling of ₱50 per kilogram on imported rice (5 percent broken).

Lorenzo Shipping Corporation has secured regulatory approval to double its authorized capital stock to P2 billion, a move that paves the way for the capital infusion of National Marine Corp. (NMC) and further capital raising to fund expansion.