The average price of electricity in the Wholesale Electricity Spot Market (WESM) dropped by 11.2 percent to ₱4.01 per kilowatt-hour (kWh) in May, offering relief to commercial and residential consumers amid steady demand growth, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
Philippine Airlines (PAL) and AirAsia Philippines have launched major seat sales running from 2 to 15 June, aiming to stimulate travel demand and expand market reach during the midyear travel period.
Globe Fintech Innovations Inc., the operator of mobile payments platform GCash, has announced that its board has approved a stock split—widely seen as a potential prelude to a future initial public offering (IPO).
The Bureau of Customs (BOC) received top honors from the Intellectual Property Office of the Philippines (IPOPHL) for leading the country in intellectual property rights (IPR) enforcement, accounting for 85% of total seizures made by the National Committee on Intellectual Property Rights (NCIPR) in 2024.