US grants Aboitiz firm funds to develop wind power project

MANILA – The Philippines’ bid to increase the share of renewable energy among its sources got…

Moody’s Analytics sees Philippine economy growing 8.8% in Q2, 2022

In its Asia Pacific Economic Preview for the week covering August 8-12, 2022, Moody’s Analytics forecasts the sustained…

Razon firm inks Malampaya acquisition deal

A subsidiary of businessman Enrique Razon Jr.-led corporate group, Prime Infrastructure Capital (Prime Infra), has signed a share purchase agreement…

OPEC+ meets next week; hopes for steady oil price seen

ANKARA – Oil prices showed marginal gains on Friday as investors await the OPEC (Organization of the…

BSP sees July inflation at 5.6% to 6.4%

The Bangko Sentral ng Piipinas (BSP) said sustained hikes in food prices and transport fares, among others, are expected to…

PLDT activates Jupiter cable as PH’s newest data link to US, Japan

The country’s newest international cable system went officially online after PLDT launched the system last Friday.

PSTC Leyte to help augment fishers’ income via a sardine processing plant

The Provincial Science and Technology Center (PSTC) in Leyte will establish a sardine processing plant in…

Gov’t to review funding options for several major infra projects

The government will review funding proposals and options for several infrastructure projects previously intended to be…

Diokno: Gov’t needs spending program catch-up plan

MANILA – The government needs to implement a program that will allow it to meet programmed spending…

DTI Chief: Creative industries to help economy recover

Department of Trade and Industry (DTI) Secretary Alfredo Pacual believes the creative industries will play a…