Stocks inch up on bargain hunting, rating action
PHILIPPINE STOCKS inched higher on Friday after the country’s investment-grade rating was affirmed and on bargain hunting.
The benchmark Philippine Stock Exchange index (PSEi) went...
Exporters see lower PDP goal out of reach with US chip tariff
THE Philippine Exporters Confederation, Inc. (Philexport), said the export targets set by the Philippine Development Plan (PDP) will be difficult to achieve if the...
MIC, Saudi energy firm in off-grid RE collaboration
THE Maharlika Investment Corp. (MIC) said it signed an agreement with Saudi Arabian energy company ACWA Power to develop renewable energy (RE) projects for off-grid...
PSA approval process eyed for streamlining
THE Energy Regulatory Commission (ERC) is proposing to amend the rules governing the power supply agreements (PSA) of distribution utilities and power suppliers to...
More local government units express interest in ecozone development
LOCAL government units (LGUs) have signified their interest in building new economic zones (ecozones), according to the Philippine Economic Zone Authority (PEZA).
In a Facebook...
PHL sees niche in climate-resilient cacao
THE Department of Agriculture (DA) said it is updating the cacao industry roadmap to focus on global branding and climate-resilient varieties to address the...
PHL elderly seen making up 20% of population by 2066
THE Asian Development Bank (ADB) said pension reforms are needed to protect the elderly from falling into poverty, with the elderly expected to account...
A just energy transition powering a more energy independent Philippines
By Benjamin N. Villacorte and Bonar A. Laureto
Amid the increasing demand for energy accompanying a developing economy, both the public and private sectors in the Philippines continue to advance the transition toward a sustainable, energy-independent economy, adhering to the principles of a ‘Just’ Energy Transition (JET).
China may respond to PHL’s growing military ties with Australia and Canada
TENSIONS in the South China Sea could intensify in the coming months as China weighs possible military and economic countermeasures against the Philippines, following Manila’s deepening security cooperation with Australia and Canada, political analysts said.
Marcos slams P260-M rock-shed project in Benguet, calls it ‘useless’
PRESIDENT Ferdinand R. Marcos, Jr. on Sunday flagged a P260-million rock-shed project in Tuba, Benguet, calling it “useless” and suggesting it might be a case of economic sabotage due to substandard construction.
P8.6-B SMC shares not part of Marcos estate, CTA rules
THE Court of Tax Appeals (CTA) ordered the Bureau of Internal Revenue (BIR) to stop enforcing a 1991 Marcos estate tax assessment against P8.6...
No Filipinos killed in NYC bus crash
NO FILIPINOS were killed in the bus crash in New York City (NYC) on Saturday, the Department of Foreign Affairs (DFA) said on Sunday.
“New...