Poll: Inflation likely hit 20-month high in March
SHARP OIL PRICE increases driven by supply disruptions from the Middle East war, along with pricier rice, may have pushed Philippine inflation to its fastest pace in nearly two years, analysts said.
Middle East war darkens outlook for Philippine economy — BMI
THE PHILIPPINE ECONOMY is likely to expand by 4.7% this year, amid sluggish government spending and oil supply disruptions arising from the ongoing war...
Maharlika’s top exec says investment plans on track
MAHARLIKA INVESTMENT Corp. (MIC) said capital deployment will remain on track and focused on its core pillars even as global uncertainty remains high amid the ongoing war involving the US, Israel, and Iran.
BoI-approved investment pledges up 27% in Feb.
THE BOARD of Investments (BoI) approved P36.5 billion worth of investment pledges in February, mainly driven by investment commitments in the renewable energy (RE) sector.
PLDT builds infrastructure to prepare Filipino youth for AI future
PLDT, Inc. is expanding its digital infrastructure and training programs to prepare Philippine universities and the local workforce for the integration of artificial intelligence.
During...
UP to hold first innovation summit, launch system research and innovation office
The University of the Philippines (UP) will bring together researchers, entrepreneurs, government officials, and industry leaders for its first Innovation Summit on May 5-6...
SEC move to end freeze on new online lending firms draws cautious support
THE Securities and Exchange Commission’s (SEC) move to lift its 2021 moratorium on new online lending platforms (OLPs), alongside proposed stricter capital and compliance requirements, is drawing cautious support from industry players, amid concerns over enforcement and regulatory consistency.
Semirara confident it can meet requirements for contract extension
SEMIRARA MINING and Power Corp. (SMPC) said it is confident it can submit a mining plan that meets Department of Energy (DoE) requirements to...
PASIA Shared Services collaborates with Quotable AI to modernize SMEs
PASIA Shared Services, the solutions and services arm of the Procurement and Supply Institute of Asia (PASIA), has partnered with Quotable AI, an AI-powered...
Converge reviews plan to create separate fiber unit
CONVERGE ICT Solutions, Inc. said its plan to carve out fiber assets into a new unit remains under review as the company continues to...
RRHI shares rise on delisting plan
SHARES of Robinsons Retail Holdings, Inc. (RRHI) rose last week after its board approved a voluntary delisting and a P48.30-per-share tender offer, with analysts saying the price offers a premium to recent trading levels but remains below intrinsic value.
UST researchers honored for excellence at PhilAAST 74th Annual Convention
The University of Santo Tomas (UST) marked another milestone as its researchers were recognized at the 74th Annual Convention of the Philippine Association for...