The decision of President Donald Trump to set new global tariffs has forced economists to revise their economic forecasts, with many predicting slower growth and rising inflation.
U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets.
After market...
The aggressive trade strategy of President Donald Trump took a dramatic turn on Tuesday as he imposed a new 25 percent tariff on imports from Mexico and Canada, igniting a trade war with two of the United States' closest allies.
The Trump administration’s decision to impose higher tariffs on imports from China, Canada, and Mexico could inadvertently provide a strategic opportunity for the Philippine business process outsourcing (BPO) industry and the local office market.
US shares retreated on Monday after President Donald Trump dashed hopes of a delay—or even a full reversal—of the increased tariff on goods imported from Mexico and Canada. This decision reignited fears of a trade war between the North American neighbors.
The Visayas power grid was briefly placed under a yellow alert on Thursday, December 11, due to several power plants being unavailable. A yellow alert means power reserves are low, but rolling outages are not yet expected.
The Department of Energy (DOE) is taking steps to address renewable energy projects under the Green Energy Auction (GEA) program that have failed to meet their committed delivery timelines.
The Independent Electricity Market Operator of the Philippines (IEMOP) expects the Luzon and Mindanao power grids to remain generally stable in 2026 based on current supply levels, officials said Thursday in a briefing in Pasig City.
Alternergy Holdings Corp. has secured system impact study (SIS) approval from the National Grid Corporation of the Philippines (NGCP) for all five renewable energy projects it won under the fourth Green Energy Auction (GEA 4).