Davao earthquake monitoring station to support safer building design
DIGOS CITY, Davao del Sur — A strong-motion monitoring station at Davao del Sur State College is generating earthquake data that engineers can use to design safer buildings and structures, the Department of Science and…
DOST showcases science solutions to El Niño at 2026 NSTW
GENERAL SANTOS CITY — With El Niño threatening agricultural production and straining energy and water resources, the Department of Science and Technology (DOST) showcased Filipino-developed technologies to help…
Pinay space biologist explores how life adapts beyond Earth
LIFE on Earth may offer lessons for surviving in outer space, but Filipina space biologist and biomedical scientist Florence Pauline “Pauli” Basubas is also exploring how research beyond Earth could improve life on the…
More than 52,700 registration seal badges secured by online sellers, others --BIR
The Bureau of Internal Revenue said more than 52,700 certificates of registration with registration seal badges have been secured by online sellers, service providers, and content creators as of October 14.
UNION Bank of the Philippines (UnionBank) on Friday reported a 53-percent increase in net income in the first nine months of 2026 to P9.9 billion and also announced plans to absorb digital banking subsidiary…
Rolls-Royce nears government subsidy deal for aircraft engines
ROLLS-ROYCE is nearing a deal for British government subsidies of up to £200 million ($267.9 million) to help fund the development of a new engine for short-haul aircraft, with an announcement possible as early as next…
BingoPlus introduces new feature to enhance user experience
Digital entertainment platform BingoPlus, an affiliate of DigiPlus Interactive Corp., is introducing a new feature to further improve the user experience.
HOUSTON ─ QatarEnergy is in advanced talks with Venture Global for a long-term supply deal to buy at least 3 million metric tons of liquefied natural gas per year, three people with knowledge of the negotiations told…
FAR Eastern University (FEU) Manila has completed its transition to renewable electricity across all eligible accounts on its main campus, the listed educational institution said on Friday. The shift was completed with…
Philippines, Singapore agree to widen capital market cooperation
The Philippine Stock Exchange has teamed up with its Singaporean counterpart to create fresh investment activities and boost trading among Southeast Asians.
STOCKHOLM — Volvo Cars swung to an operating loss in the third quarter as a slow production ramp-up of its new EX60 electric SUV and weak demand in China and the United States hit sales, and said on Friday it will cut…
THE Bangko Sentral ng Pilipinas (BSP) may raise interest rates anew in December as persistent inflationary pressures and a weakening peso provide a good scenario for an even tighter monetary policy, an international…
DIGITAL banking giant Maya could pursue a dual listing in the Philippines and overseas to seek higher valuation, Philippine Stock Exchange (PSE) President and CEO Ramon Monzon said. Speaking after the listing of Mynt…
TOKYO-BASED Japan Credit Rating Agency Ltd. (JCR) maintained its investment-grade rating with a stable outlook on the country as it expects a mid-3 percent growth by the end of this year despite internal and external…
Globe eyes corporate solutions unit as next growth driver
Telco-to-tech giant Globe Telecom Inc. expects its corporate solutions unit to contribute more income in the future after booking record revenues in the first half.
SMART-BUILDING technology could give office landlords an edge in attracting and retaining corporate tenants, as Makati’s Yuchengco Center becomes the first building in the Philippines to earn certifications for its…
WHEN private motor vehicles are all stuck in traffic, it makes sense to free up part of the road space so that public transportation can move efficiently in an exclusive lane, liberated from traffic. As Enrique Penalosa…
THE Energy Regulatory Commission (ERC) on Friday ordered all distribution utilities (DUs) that are implementing bill deposits to stagger them into three equal installments in order to protect consumers from sudden bill…
FOR the fourth straight day, the Philippine peso plunged to another record low against the US dollar on Friday, while the stock market experienced its second day of decline as persistent currency weakness, elevated oil…
Stocks suffer another selldown as peso extends record slide
Philippine financial markets ended the week in the red, with stocks retreating as investors digested the Bangko Sentral ng Pilipinas (BSP)’s 50-basis-point rate hike while the peso sank to a fresh record low for the…
THE Department of Trade and Industry (DTI) is proposing mandatory safety certification for light electric vehicles (LEVs) and their batteries to address electrical hazards, overheating, power malfunctions and fire…
THE National Grid Corp. of the Philippines (NGCP) on Friday issued red and yellow alerts for the Visayas grid amid a power supply shortfall. A yellow alert for Mindanao was lifted at 1 p.m. after some power plants…
Japan credit watchdog sees steady Philippines infrastructure investments
Infrastructure investment in the Philippines is expected to remain at around four percent of gross domestic product (GDP) through 2027 even as delayed public works projects resume, according to Japan Credit Rating…
CREC gets P35B funding for Batangas solar projects
CITICORE Renewable Energy Corp. (CREC) has secured P35.014 billion in syndicated financing from three banks to develop five solar projects in Batangas with a combined capacity of 900 megawatts-peak (MWp). Bank of the…
THE European Union and the Philippines have launched an artificial intelligence (AI) industry lab to help businesses adopt AI, improve productivity and compete in global markets. Backed by 40 million euros in funding…
US funnels $34 million into Philippines ube development
The Philippines has secured $34.1 million in funding from the United States to boost the country’s ube industry, as the popularity of the purple yam continues to grow in global markets.
GROWING sales should be good news for any small business. But when orders rise faster than cash comes in, success can put a strain on the very enterprise it is supposed to sustain. For Filipino entrepreneurs, building a…
PHILIPPINE National Bank (PNB) reported a 15-percent increase in net income to P21.3 billion in the first nine months of 2026 from P18.5 billion a year earlier, supported by loan growth and improving asset quality. “Our…
JG Summit Holdings Inc. (JGS) plans to acquire 37.05 billion common shares of listed Oriental Petroleum and Minerals Corp. (OPMC) from its wholly owned subsidiary, JG Summit Capital Services Corp. (JGSCSC), to…
Cebu Landmasters opens lifestyle center in Mandaue
CEBU Landmasters Inc. (CLI) has opened Astra Lifestyle Center in Mandaue City, Cebu, adding a retail and dining component to its mixed-use Astra Center development as the company expands its commercial offerings in the…
The Bangko Sentral ng Pilipinas is expected to raise interest rates further in December, with some economists anticipating additional tightening through early 2027 as persistent inflation and a weakening peso keep…
SPACEX said on Thursday its potential merger with Tesla will require controlling investor Elon Musk’s approval, even though the entrepreneur has recused himself from talks between his two companies because of conflicts…
SINGAPORE Exchange Ltd. (SGX) CEO Loh Boon Chye on Friday called for the bourse operator to start planning for an eventual leadership transition, although no date had been set for his departure. In a statement delivered…