The 16th division of the Court of Appeals (CA) has denied the petition of San Miguel Energy Corporation (SMEC) for a temporary restraining order (SMEC) on its supply of 330-megawatt capacity to Manila Electric Company (Meralco) from the Sual coal-fired power plant. With the appellate court’s...
Imports continued to outpace the country’s exports, but at a narrower level in December last year, but overall trade gap in 2022 went up 38 percent versus 2021, the Philippine Statistics Authority (PSA) reported. The PSA said on Thursday, Jan. 26, that the country’s trade gap, or the difference...
Filipinos have not let high inflation rate stop them from spending in 2022, as the Philippine Statistics Authority (PSA) reports that the country’s economic growth performed better than expected last year to a record growth in more than four decades due to revenge spending. The economy, as...
The country’s economic growth in the third quarter last year was maintained at 7.6 percent, the Philippine Statistics Authority (PSA) reported. The PSA made the announcement a day before the scheduled release of the fourth-quarter and full-year 2022 gross domestic product (GDP) performance on...
Farm output declined for third straight year owing to weak crop and fishery sectors, the Philippine Statistics Authority (PSA) reported on Wednesday, Jan. 25. Data from the PSA showed that the value of production in agriculture and fisheries dropped 0.1 percent in January to December last year....
Razon-led Prime Infrastructure Capital Inc. has named Martin O’Neil as a new addition into the company’s board of directors. O’Neil was a former executive vice president and chief financial officer (CFO) of International Container Terminal Services Inc. (ICTSI), a flagship company of the...
Expect an unpredictable and more competitive men’s volleyball action when the Spikers’ Turf Open Conference returns on Sunday, Jan. 22, at the Paco Arena in Manila. From six teams last year, the Spikers' Turf Season 6 Open Conference will have 11 squads competing this time. (File Photo/...
The Philippine Statistics Authority (PSA) - Rizal Provincial Statistical Office has opened Antipolo City's first Civil Registry System (CRS) outlet as part of its efforts to streamline the issuance of documents to its citizens. Antipolo City Mayor Jun Ynares shared photos of the facility's launch...
Another factory shifts energy use to RE By MYRNA M. VELASCO Mc Bride Corporation, which is into PET bottles manufacturing, is the latest to join the bandwagon of corporates which had shifted its power use to renewable energy (RE), as catered to by Lopez-led firm First Gen Corporation. Based on a...
The Philippine basketball team could send its biggest arsenal – its naturalized players – in its bid to regain lost glory in the 2023 Southeast Asian Games in Cambodia this May. Justin Brownlee, whose naturalization process is in the final stages, might suit up for the Philippine team to the...
Following two failed biddings due to lack of challengers, power utility giant Manila Electric Company (Meralco) has decided to pursue a "negotiated deal" with Solar Philippine Batangas Baseload Corporation’s (SPBBC) on its targeted procurement of 200-megawatt baseload capacity that will be...
The Philippine Olympic Committee (POC) is all geared up for what it considered as the “busiest year in sports” with several major international competitions, as well as tournament hosting responsibilities lined up this year. POC president Bambol Tolentino said this will be the busiest year in...
