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Below-target September inflation lifts PSEi, peso weakens

Manila, Oct. 7 -- The manageable rise of the domestic inflation rate lifted sentiments in the local bourse on Tuesday, but the Philippine peso weakened against the US dollar. The Philippine Statistic... Read More


Aurora ecozone taps Spanish firms to develop food, cold chain hub

Manila, Oct. 7 -- Spain-based groups will assist in the development of a food and cold chain logistics hub inside the Aurora Pacific Economic Zone and Freeport Authority (APECO) in Casiguran, Aurora. ... Read More


DTI chief cites risks of dumping of imports due to US tariff policies

Manila, Oct. 5 -- The recent increase in the United States' tariff rates heightened the risk of Asian goods being dumped into the Philippine market, raising the need for more stringent measures to pro... Read More


PSEi climbs anew, PHP finishes sideways at 57-level vs. USD

Manila, Oct. 5 -- The local bourse's main index rose for the second consecutive session on Wednesday while the peso closed sideways at the 57-level against the US dollar. The Philippine Stock Exchang... Read More


Meralco PowerGen opens innovation hub in Iloilo City

Manila, Oct. 5 -- A learning and research hub that aims to empower communities and help encourage the youth to join the energy sector was opened in Iloilo City on Wednesday by the Meralco PowerGen Cor... Read More


Ham producer to cut prices for Christmas season -DTI chief

Manila, Oct. 5 -- A ham manufacturer has informed the Department of Trade and Industry (DTI) of a possible price rollback this Christmas season. Trade and Industry Secretary Cristina Roque on Wednesd... Read More


BOC chief underscores importance of digitalization to fight smuggling

Manila, Oct. 5 -- Bureau of Customs (BOC) Commissioner Ariel Nepomuceno on Wednesday underscored the need to further accelerate digitalization in the agency to thwart smuggling. On the sidelines of t... Read More


NEA quick response fund to be tapped to restore power in Masbate

MANILA, Oct. 3 -- Funds to be used to help energy sector players in Masbate may be sourced through the National Electrification Administration's (NEA) quick response fund, Energy Secretary Sharon Gari... Read More


Transmission lines back to normal

MANILA, Oct. 3 -- The Santiago-Alicia 69-kilovolt Line that transmits power to the Isabela 1 Electric Cooperative Inc. in Alicia, Isabela and the Ifugao Electric Cooperative Inc. was restored around 2... Read More


5 power plants, 4 transmission lines still down due to Cebu quake

Manila, Oct. 1 -- Only five of the 27 power plants affected by the magnitude 6.9 tremor that hit Cebu province Tuesday night remain unavailable as of 6 p.m. as restoration works continue on Wednesday.... Read More