WASHINGTON (AP) — Scientists are jettisoning their worst and best case scenarios for a warming world as no longer plausible. That shows how modest gains in the fight to curb climate change have dialed back the most catastrophic of future heating but also confirmed that there 's no chance to...
Top township developer Megaworld Corp. plans to expand its hospitality portfolio by opening six new hotels over the next three years, an aggressive buildout that will add nearly 2,000 room keys to its inventory. In a disclosure to the Philippine Stock Exchange, the firm said it is expanding its...
The Philippine peso plummeted again to a new historic low, brushing the whiskers of the ₱62:$1 level on the back of strong demand for the safe-haven United States (US) dollar and a local market that has turned more sensitive to uncertainties. The peso started the week at a new record low against...
San Miguel Global Power Holdings Corp. (SMGP), the energy arm of billionaire Ramon S. Ang’s conglomerate, has accelerated its shift toward cleaner energy, deploying nearly half of the proceeds from its recent ₱30 billion bond issuance to fund solar and hydroelectric developments. In a...
The peso’s descent to unprecedented lows is facing a volatile new headwind, with MUFG Bank Ltd. warning that an escalating political feud between the nation’s two most powerful dynasties threatens to upend investor confidence. The Japanese financial institution said that the deepening rift...
The Department of Health (DOH) said on Sunday, May 17, that it is actively coordinating with the World Health Organization (WHO) following the declaration of a Public Health Emergency of International Concern (PHEIC) linked to the Bundibugyo strain of the Ebola virus in parts of Africa. In a...
WASHINGTON (AP) — Global warming is causing rivers to slowly lose oxygen, threatening fish and other lives in the waterways, a new study shows. Researchers in China used satellites and artificial intelligence to track and analyze oxygen levels in more than 21,000 rivers across the globe since...
Filipino actress Angelica Panganiban has been nominated at the 2026 Global OTT Awards in South Korea, joining an international lineup of actors and streaming content recognized this year. The nominees for the Global OTT Awards were announced ahead of the ceremony scheduled on June 20 at the Roof...
GT Capital Holdings Inc., the holding company of the Ty family, has formalized the donation of a 15-hectare land parcel to Ateneo de Manila University, clearing the path for the institution’s expansion into Cavite. The firm said the future Ateneo campus, located within the township Riverpark in...
While the Bangko Sentral ng Pilipinas (BSP) is seen raising key borrowing costs by up to 100 basis points (bps) more should inflation worsen, MUFG Bank Ltd. warned that such hawkish adjustments may not be enough to prop up the underperforming peso. According to the Japanese financial giant, the...
Taguig police arrested a 48-year-old man caught on video attacking two motorcycle riders with a screwdriver during a road rage incident in Bonifacio Global City (BGC) on May 7. Police identified the suspect as Sherwin, who is facing two counts of frustrated homicide under Article 249 of the...
Global-Estate Resorts Inc., the tourism and leisure subsidiary of billionaire Andrew Tan’s Megaworld Corp., plans to hand over ₱11 billion worth of residential and commercial projects this year as demand for property outside Metro Manila remains resilient. The firm said in a report to the...
