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LTO: AO on electric vehicles still not in effect
The Land Transportation Office (LTO) clarified yesterday that an administrative order (AO) it issued requiring licensed drivers and the registration of electric bicycles and tricycles that will be driven on all public roads nationwide is still not in effect pending its publication......»»
Nickel Asia sees better ore output, slashes capex
Nickel Asia Corp expects better ore output this year, driven by the start of two new mine operations and the possible increase in global nickel prices......»»
PERA contributions hit P396 million in 2023
Voluntary retirement contributions rose by 20.3 percent to P396.309 million in 2023 from P329.548 million in 2022, driven by the increase in the number of participants, according to the Bangko Sentral ng Pilipinas......»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
COMMENTARY | Strategies for powering progress: The Visayas energy imperative
As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»
Inflation halts 4-month decline
Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»
Manila Water core income up 3-fourths to P9.6 billion
said its core income in 2023 expanded by three-fourths year-on-year to P9.6 billion on the back of higher consumer demand driven by better economic conditions......»»
BDO profit hits record P73.4 billion in 2023
BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»
Young Pinoy travelers willing to splurge on experience-driven tours
As the world moves past the pandemic and the chaotic period of revenge travel, a transformative shift in travel dynamics is happening right now, especially among millennial and Gen Z travelers, according to Asia’s leading platform for experiences and travel services Klook......»»
Metrobank earns record P42.2 billion in 2023
Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»
SOMEONE ELSE’S WINDOWS: An all-women contest in 2028?
MALAYBALAY CITY (MindaNews / 21 February) – Despite being perceived as the Marcos administration’s likely bet in the 2028 presidential elections, this column thinks House Speaker Martin Romualdez, the President’s first cousin, would be ditched at the last minute. Aside from lacking in charisma, he has driven a long nail into his political coffin with […].....»»
LTO probes alleged road rage incident in Subic
LTO chief Vigor Mendoza II said he had directed the agency’s Central Luzon office to issue a show cause order to the registered owner of a Toyota Fortuner that hit a car driven by a male senior citizen. .....»»
How Ethereum Layer 2s shape the next era of blockchain-enabled Internet
The internet is poised for a metamorphosis, one driven by the transformative power of blockchain technology......»»
Cold storage industry capacity to grow by 8% in 2024
Local cold storage capacity is expected to grow by at least eight percent this year to around 750,000 metric tons, driven by higher storage demand for food items, according to the Cold Chain Association of the Philippines......»»
ChatGPT – Year of the Dragon
The bull market in stocks was driven by the enthusiasm over artificial intelligence and the myriads of possibilities that it offers. Considering this and the upcoming Chinese New Year, we thought it was appropriate to ask ChatGPT, OpenAI’s chat bot, about its forecasts for the year of the dragon......»»
Palestinians brace for Rafah evacuation, Israeli assault plan
More than a million people driven southwards by more than four months of Israeli bombing of Gaza are packed into Rafah and surrounding areas on the coastal enclave's border with Egypt.....»»
Philippines to import more rice – USDA
The United States Department of Agriculture (USDA) hiked its rice import forecast for the Philippines to 3.9 million metric tons this year, driven by bigger purchases from Vietnam......»»
Office space take-up reaches nearly 300,000 sqm in 2023
Metro Manila office space net absorption more than doubled to 297,800 square meters (sqm) in 2023, driven by continued transactions mostly from traditional firms......»»
Inflation eases to 2.8 percent in January
Driven mainly by the slower increases in food prices, inflation eased further to 2.8 percent in January, according to the Philippine Statistics Authority......»»
DOE lauds Philippines largest solar rooftop installation
The Department of Energy has commended the country’s largest consumer-driven solar rooftop installation, JG Summit’s Merbau project in Batangas City......»»