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SEC OKs Citicore Renewable IPO
The Securities and Exchange Commission has given its green light to the P11.252-billion initial public offering of Citicore Renewable Energy Corp......»»
Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards
In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»
Shipping giant warns of global transport disruptions
Maersk has put customers on notice that risks in the Red Sea may persist for months Danish shipping major AP Moller-Maersk has warned of significant disruptions to the global shipping network due to the elevated risk of attacks in the Red Sea. "While we hope for a sustainabl.....»»
Sari-sari stores post P8 billion in sales in 2023
Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»
JOINT STATEMENT ON AUSTRALIA-NEW ZEALAND MINISTERIAL CONSULTATIONS (ANZMIN) 2024
The Australia-New Zealand Alliance Coordination on global strategic issues The Indo-Pacific region Partnering in the Pacific Source: Beehive.....»»
Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people
Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»
Food cart program gives hope to reformed drug suspects
After spending six months in jail for drug offense, and another six months for counseling and rehabilitation, 46-year-old Jessie Morales was left homeless by a fire that hit his neighborhood in Tondo last month, leaving him with nothing but more anguish......»»
PUV consolidation deadline moved by 3 months
MANILA, Philippines — Jeepney drivers and operators who have yet to form themselves into cooperatives for the PUV consolidation can heave a sigh of relief, for now. President Marcos gave them until April 30, or three more months, to apply for consolidation under the government’s public utility vehicle modernization program (PUVMP). Presidential Communications Office (PCO).....»»
AllDay Supermarket earns 22% more in 2023
Strong revenues boosted earnings of Villar-led mid-premium supermarket chain AllDay Supermarket to rise by 22.4 percent to P369 million in 2023......»»
Shell Pilipinas profit tumbles to P1.2 billion in 2023
The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
Bacolod City s MassKara Festival poised for more global exposure
Bacolod City s MassKara Festival poised for more global exposure.....»»
Penalty for water pollution hiked
The Laguna Lake Development Authority has increased the penalty imposed on companies found polluting Laguna de Bay from P10,000 to P11,000 daily......»»
27 Moro cooperatives get agri inputs from BARMM
Up to 27 large cooperatives of marginalized farmers in Bangsamoro barangays in Cotabato province, mostly former Moro secessionist guerillas, had received P11.9 million worth of farming supplies and livestock feeds from the regional autonomous government......»»
Leyte bettor wins P11 million lotto pot
A lone bettor from Abuyog, Leyte won the jackpot in the 6/42 Regular Lotto draw on Tuesday night, according to the Philippine Charity Sweepstakes Office......»»
Farmgate price of red onions drops to P29/kilo
The farmgate price of onions further declined to P29 per kilo compared to the previous P40 per kilo or a decrease of P11, according to farmers’ group Samahang Industriya ng Agrikultura yesterday......»»
Singil sa kuryente magtataas ngayong Pebrero, ayon sa Meralco
TATAAS nanaman ang singil sa kuryente ngayong Pebrero! Ayon sa power distributor na Manila Electric Co. (Meralco), asahan na madaragdagan ng P0.5738 kada kilowatt-hour (kWh) ang binabayarang kuryente. Ang ibig sabihin niyan, ang overall electricity rate ay papatak ng P11.9168 kada kWh ngayong buwan. Ang residential customers na kumukunsumo ng 200kWh kada buwan ay may.....»»
Zeinab nakabili ng bagong sasakyan na nagkakahalaga ng P7-M hanggang P11-M
BONGGA pala ang regalo ng content creator at aktres na si Zeinab Harake para sa kanyang 25th birthday last December 11. Itinuturing ni Zeinab na isang milestone ang pagkakabili niya ng bagong sasakyan for herself – ang Lexus LM luxury van. Sa Instagram, excited na in-announce ni Zeinab sa kanyang mga followers na finally ay.....»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
Power rates slightly inch up in January — Meralco
Meralco said that it will have a slight increase in power rates by P0.0846 per kiloWatt-hour (kWh) which brings the overall rate for a household to P11.3430 per kWh this month......»»