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Visayas grid on yellow alert Wednesday

MANILA, Nov. 19 -- The National Grid Corporation of the Philippines (NGCP) has placed the Visayas grid on yellow alert from 3 p.m. to 8 p.m. on Wednesday due to insufficient operating margin as severa... Read More


PSEi up anew on bargain hunting, peso almost flat

MANILA, Nov. 19 -- Investors looked for cheaper valued shares on Wednesday, lifting the Philippine Stock Exchange index (PSEi), but the peso ended almost unchanged against the US dollar. The local bo... Read More


Globe secures P7.6-B term loan from Mizuho Bank

MANILA, Nov. 19 -- Globe Telecom, Inc. has secured a 20 billion Japanese yen (around PHP7.6 billion) term loan from Mizuho Bank Ltd., to be used to finance more projects, refinance liabilities and for... Read More


SEC approves sandbox testing for another fintech

Manila, Nov. 18 -- The Securities and Exchange Commission (SEC) has approved the testing of a financial technology firm's products and services at the commission's regulatory sandbox. Philippine-base... Read More


New Cabinet appointments seen to aid economic growth BCDA FPI

Manila, Nov. 18 -- The appointment of new officials to the Cabinet is expected to further boost the government's bid for fiscal management and stability, among others, ensuring economic growth. This ... Read More


Economist: Peso to stay resilient vs. USD due to remittances, GIR

MANILA, Nov. 13 -- US dollar inflows from overseas Filipino workers (OFWs) for the holiday season, along with the country's robust dollar reserves are expected to back the local currency against furth... Read More


Recto cites Lumagui's achievements at BIR

MANILA, Nov. 13 -- Finance Secretary Ralph Recto on Thursday thanked former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr., saying his stint at the bureau made it "stronger and more c... Read More


NGCP restores 5 transmission lines, 5 still down

Manila, Nov. 6 -- The National Grid Corporation of the Philippines (NGCP) has restored five transmission lines in the Visayas and Mindanao, while two others are partly energized, and five are still un... Read More


NGCP: 2 Tino-hit transmission lines in Visayas partially energized

Manila, Nov. 6 -- Two transmission lines affected by Typhoon Tino (international name Kalmaegi) have been partly energized since Tuesday night, but eight remain totally unavailable as of 9 a.m. Wednes... Read More


Gov't, DUs working hard to restore power to 7M consumers

Manila, Nov. 6 -- Around 7 million power consumers are affected by outages due to the impact of Typhoon Tino (Kalmaegi), but Energy Secretary Sharon Garin called for understanding and assured that res... Read More