SPC Power Corporation is actively exploring new project acquisitions and developments, including the integration of renewable energy (RE) sources. During the annual stockholders ' meeting on June 11, SPC Power Chairman Alfredo L. Henares stated that the company aims to support the Philippines...
Tanco-led STI Education Systems Holdings, Inc., owner of the country 's largest network of private schools, posted a 45 percent jump in net income to ₱1.62 billion in the nine-month period ended March 31, 2025, from ₱1.12 billion in the same period last year. “The significant net income...
Senator Grace Poe on Friday, May 16 called for the development of guidelines and tools that would ensure artificial intelligence (AI) systems in the country are ethical and inclusive, and innovative. Poe said the question of governance becomes increasingly urgent as AI continues to disrupt and...
The Bangko Sentral ng Pilipinas (BSP) could mandate that all banks, e-wallets, and clearing houses adopt the internationally accepted ISO 20022 messaging standard, modernizing domestic payment systems and aligning with global financial protocols. In a draft circular dated April 2025, the BSB noted...
The Department of Energy (DOE) is anticipating a total of 19,190 megawatts (MW) worth of energy projects from 2025 to 2030, spanning across non-renewable and renewable energy (RE). These capacities projected by the DOE would help meet the country’s rising power demand and further support economic...
Lottery firm Pacific Online Systems Corporation (POSC) is rethinking its investment into the online gaming business amid regulatory uncertainty due to government threats to ban Philippine inland gaming operators (PIGOs) if it gives rise to problems similar to that of Philippine offshore gaming...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez led on Wednesday, April 30, led the inauguration of the ₱50-million Castañas Centro Communal Irrigation System (CIS) in Barangay Castañas, Sariaya, Quezon....
Belle's Tagaytay Highlands resort The SM Group’s leisure developer and gaming firm Belle Corporation reported a five percent improvement in net income of ₱462.4 million in the first quarter of the year from the ₱439.7 million recorded for the same period in 2024. In a disclosure to the...
Pacific Online Systems Corporation, the lottery unit of the SM Group’s Belle Corporation, reported that its consolidated earnings almost doubled to ₱25.3 million in the first quarter of 2025 from the ₱13.4 million posted in the same period last year due to higher dividend and lower interest...
Telco giant PLDT Inc. has completed the installation of an underwater cable system at its landing stations in Aurora and Davao, boosting its international capacity for data traffic. The 12,000-kilometer-long Apricot cable system linked to landing stations in Baler, Aurora and Digos City, Davao del...
Tanco-led STI Education Systems Holdings Inc. (STI Holdings), owner of the country's largest network of private schools, reported a 76 percent jump in net income to ₱912.2 million for the six-month period ended December 2024 from ₱517.8 million in the same period of 2023. In a...
STI Education Systems Holdings Inc. (STI) intends to continue expanding its network of schools by building new campuses to capitalize on the "sweet spot" of profitability that it has reached. According to STI Chairman Eusebio Tanco, their network of schools under units STI Education Services Group...
