Tag: Wholesale Electricity Spot Market

Philippine headline inflation eased to 6.8 percent in May from 7.2 percent in April, coming in below the Bangko Sentral ng Pilipinas’ (BSP) projected range of 7.1 percent to 7.9 percent as transport costs and food price increases moderated, according to data released Friday by the Philippine Statistics Authority (PSA).

PLDT Inc. has entered into a share purchase agreement with Paragon Vertical Corp. to buy its 65.1 percent stake in Radius Telecoms Inc. This covers over 4.6 million common shares plus related beneficial holdings. Once the transaction closes, following required approvals from the Philippine Competition Commission and the National Telecommunications Commission, PLDT will hold 100 percent of Radius. The company said the move will not negatively impact its existing business, finances, or operations.

The Philippines is expanding its technology-driven emergency response network with the activation of four new Satellite Command Centers (SCCs), strengthening the reach and resilience of the Unified 911 Emergency Response System.

Digital lender GoTyme Bank has introduced a new feature enabling customers to send money to more than 170 countries directly through its mobile app.