JTI, world’s leading tobacco company, vowed its long-term commitment to the Philippines with the inauguration of its new office in Bonifacio Global City, Taguig to accommodate some 300 of its total workforce in the country. JT Group President and CEO Masamichi Terabatake led the formal...
Building solutions firm Holcim Philippines, a member of the Holcim Group, signed a power purchase agreement with I Squared Captial’s energy platform Berde Renewables for rooftop solar projects at Holcim’s plants in Bulacan and La Union. As per the agreement, Berde Renewables will install,...
President Marcos has urged the Armed Forces of the Philippines (AFP) to "be ready" in defending the country from emerging threats. President Ferdinand 'Bongbong' Marcos Jr. administers the oath of office of newly-promoted generals and flag officers of the Armed Forces of the Philippines on Oct. 27,...
Cemex Holdings Corporation Inc. (CHP) widened its net loss to P1.2 billion in the first nine months of 2023 from its previous loss of P819 million in the same period in 2022 due to lower operating earnings. In a disclosure to the Philippine Stock Exchange (PSE), CHP recorded a net loss of...
Despite forecasts of ‘yellow alert’ that could strain Luzon grid, the Department of Energy (DOE) is trying to lean on a 700-megawatt supply buffer or reserve margin to avert incidents of electricity service interruptions during the October 30 Sangguniang Kabataan (SK) and barangay elections....
As it continues to traverse rough financial terrain on its operations, Uy-led Phoenix Petroleum Philippines Inc. indicated that it will be pursuing a sale-and-lease back arrangement for its assets with Sy-controlled BDO, which has been its long term go-to bank for credit line. According to Phoenix...
China said the US should stop supporting the Philippines, which it claimed was making illegal claims over the West Philippine Sea. Mao Ning, China's Foreign Ministry spokesperson, on Thursday said "the US is not a party to the South China Sea issue" after President Joe Biden warned that...
The Erga EV is an electric, fully-flat floor bus accessible for handicapped and elderly commuters. The shift to electrification is beginning to manifest in the logistics sector. This is reflected in the electrification solutions presented by Isuzu at the Japan Mobility Show (formerly Tokyo Motor...
REV UP THOSE FRYERS Chef Gerick Manalo demonstrating how to cook outdoors with the help of a car Preparing meals on your next outdoor adventure is not limiting if you are creative. This was one of the tips shared during “Ford & Adventure,” an experiential event mounted by Ford Philippines...
Malacañang has transferred the Development Academy of the Philippines (DAP) under the Office of the President to the National Economic and Development Authority (NEDA). The transfer was made through Executive Order (EO) No. 45 dated Oct. 25. Under the EO, the move was part of the...
Delivery transport platform Grab Philippines announced that it has begun a pilot program with an adjusted earnings system for delivery partners in a bid to address issues in the delivery landscape. According to the company, the two-month pilot program, which is being tested using select...
An amendment seeking to address the private sector’s concerns and create a more enabling policy environment for infrastructure projects is in the works, the National Economic and Development Authority (NEDA) said. During the 12th Arangkada Philippines Forum yesterday, NEDA Secretary Arsenio M....
