Ports operator Asian Terminals Inc. (ATI) and Dubai-based logistics company DP World joined forces in investing ₱120 million to roll out the Philippines’ first complete fleet of electric internal transfer vehicles (eITVs). ATI and DP World recently unveiled a fleet of 15 eITVs and their...
BACOLOD CITY – The municipal government of Moises Padilla in Negros Occidental has raised concerns with Gov. Eugenio Jose Lacson regarding the possible eviction of the Central Philippine State University (CPSU) campus in the town, after the landowner expressed plans to reclaim the two-hectare...
The Philippine Stock Exchange index (PSEi) plunged following news of a higher United States (US) inflation rate for June. The main index fell by 121.99 points, or 1.89 percent, to close at 6,337.48 on Wednesday, July 16. Miners and conglomerates led the retreat of all sectors. Volume excluding...
The government-ordered revamp of Philippine Health Insurance Corp. (PhilHealth), which aims to address inefficiencies and operational challenges within the state health insurer, will last up to three years before services see substantial improvements. Last month, the Governance Commission for...
The Philippine Army (PA) and Indonesian Army kicked off Wednesday, July 16, a bilateral training exercise aimed at enhancing both nations’ territorial defense. The Training Activity (TA) “Dolphine” XVII-2025 focuses on four critical special operations capabilities namely urban warfare,...
Philippine Higher Education Institutions (HEIs) are emerging as global frontrunners, with the Commission on Higher Education (CHED) proudly unveiling the universities from their respective areas that have earned spots in the esteemed 2025 World University Rankings for Innovation (WURI). On their...
In a determined move to future-proof Philippine education, the Department of Education (DepEd) on Tuesday, July 15, said it is fast-tracking reforms and digital innovations aligned with President Marcos’ development agenda. DepEd, in a statement, reaffirmed its commitment to building a...
The Philippine Stock Exchange index (PSEi) reversed Monday’s gains, closing down 65.57 points, or 1.0 percent, on Tuesday, July 15, at 6,459.47. Renewed concerns over US tariffs and a weaker peso weighed on the main index, with conglomerates leading a broad retreat. Volume was lighter at 1.65...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. denied allegations that he violated the Philippine Constitution for supposedly holding dual citizenship while serving in the government, alluding that the “smear campaign” could be connected to his strong disapproval of...
The local stock market bounced back after last week’s decline, which was a knee-jerk reaction to higher tariffs that may be imposed by the United States (US) on Philippine goods. The main index jumped 65.16 points, or 1.01 percent, to close at 6,525.04. Miners and conglomerates led the advance...
Aboitiz Power Corp. (AboitizPower) announced that a subsidiary of its Therma Power Inc. will construct a battery energy storage system (BESS) in Cebu, which will be slated for commissioning by next year. In a statement, AboitizPower said Therma Power’s East Asia Utilities Corp. (EAUC) will soon...
Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro assured that the Philippine government is actively assisting three Filipinos who were arrested in China for espionage activities, and that a law firm has already been hired to represent them in the case. Lazaro, who faced the...