
Q4 GDP growth likely at 5.8% — BPI
The country’s economy in the third quarter grew by 5.2 percent, lower than economists’ forecast of 5.7 to 6 percent.
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The country’s economy in the third quarter grew by 5.2 percent, lower than economists’ forecast of 5.7 to 6 percent.
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The Bank of the Philippine Islands (BPI) believes the economy in the fourth quarter of 2024 grew by 5.8 percent, citing increased government spending.
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Department of Finance Secretary Ralph Recto and the Netherlands' ING Bank discussed ways to expand the use of artificial intelligence (AI) in the Philippines.
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‘Coal is still the cheapest source of power, and coal will not be gone in the next five and even 10 years.’
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President Ferdinand Marcos Jr. on Thursday highlighted the significant contributions of the Asian Development Bank (ADB) to the Philippines, particularly…
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The tourism industry contributed 8.6 percent of gross domestic product (GDP) in 2023, mirroring its significance to the national economy.
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MORE Electric and Power Corporation (MORE Power), the sole power distributor in Iloilo City, has announced its readiness to provide stable and reliable…
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The Aboitiz Foundation, through its AuroraPH program, has provided solar power, internet connectivity, and digital tools to Pangan-an Elementary and High…
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‘ABL expects to grow its roster of customers in the Philippines with new investments and business matching deals’
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The loan, structured with a 12-year repayment term, will primarily support ongoing and planned investments and other general corporate needs
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After a $130-million investment from the International Finance Corp. (IFC) of the World Bank Group, financing firm Asialink Finance aims to expand truck loans…
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‘We’re grateful for the partnership that will allow us to better understand and tailor-fit our end-to-end solutions to drive the growth of sari-sari stores’
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Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has announced the successful completion of a 1,400 MW gas turbine…
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‘The partnership with Pru Life UK on financial education and capacity building is a significant milestone in our efforts to uplift Muslim communities and…
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The Senate has approved a measure extending the term of the Power Sector Assets and Liabilities Management (PSALM) Corp.
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The Senate of the Philippines has approved a measure extending the term of the Power Sector Assets and Liabilities Management (PSALM) Corporation for an…
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The Court based its decision on the principle that exclusive franchises are not constitutionally protected
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Semirara Mining and Power Corp. (SMPC), the publicly-listed integrated energy company of DMCI Holdings Inc., is increasing its capital expenditure for the year…
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