The Department of Information and Communications Technology (DICT) has announced plans for the Global Blockchain Congress: The Philippines’ Gateway to Blockchain Excellence, to be held in Bataan People’s Center, Balanga City, Bataan on Sept. 24-25. Set to redefine the future of blockchain innovation, the prestigious event is presented by the DICT, in collaboration with the […]
By Beatriz Marie D. Cruz, Reporter PHILIPPINE gross domestic product (GDP) growth in the second semester could be faster than the 6% average in the first half amid easing inflation and lower policy rates, the National Economic and Development Authority (NEDA) said. “Now, with inflation lower, with policy rates lower, with the labor market continuing […]
A Meralco worker examines a transformer in Navotas City. — PHILIPPINE STAR/RYAN BALDEMOR RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see higher electricity bills this month due to the increase in transmission charges. In a statement on Wednesday, Meralco said that the overall rate will climb by P0.1543 per kilowatt-hour (kWh) […]
PHILIPPINE STAR/RYAN BALDEMOR By Chloe Mari A. Hufana, Reporter THE Department of Labor and Employment (DoLE) said on Wednesday it is preparing to help around 27,000 workers bound to lose their jobs once the total ban on Philippine Offshore Gaming Operators (POGOs) takes effect by end-December. In a virtual briefing Labor chief Bienvenido E. Laguesma […]
A survey conducted by PwC Philippines in partnership with MAP showed that 40% of the CEOs in the country said that they have already adopted generative artificial intelligence (GenAI). — REUTERS/DADO RUVIC/ILLUSTRATION CHIEF EXECUTIVE OFFICERS (CEOs) should take the lead in the adoption of artificial intelligence (AI) in organizations, according to a PwC executive. Scott […]
Shang Properties, Inc. (SPI) proudly announces the groundbreaking of Shang Summit, a trailblazing residential project set to redefine the Metro Manila skyline. Located in the quiet enclave of South Triangle, Shang Summit is SPI’s first residential project in Quezon City. It will offer a new standard for luxury living that resonates with the market’s diverse […]
THE BLAAN ancestral lands in the mineral-rich Tampakan town in South Cotabato. — JOHN FELIX M. UNSON By Adrian H. Halili, Reporter THE CONSUNJI family’s plan to inject its 10% stake in the Tampakan copper and gold project into DMCI Holdings, Inc.’s portfolio is seen as a strategic move to diversify the listed firm’s mining […]
ALLIANCEGLOBALINC.COM ALLIANCE Global Group, Inc. (AGI) is eyeing to increase its hotel room expansion goals, driven by the anticipated growth in Philippine tourism and the privatization of the country’s main airport, the company’s president said. “Originally, we aim 12,000 (hotel) rooms by 2028, 2029. We’re looking now to launch more hotel projects to support the […]
LISTED Del Monte Pacific Ltd. (DMPL) widened its attributable net loss to $34.17 million for the first quarter (May-July) of its fiscal year 2025, ending in April, compared with a $13.08 million attributable net loss the prior year, due to “unfavorable results” from its United States business and higher interest expenses. “DMPL reported a net […]
DENMARK’S Copenhagen Infrastructure Partners (CIP), a global investor in renewable energy infrastructure, expects its investment in the Philippines to reach $30 million (around P1.7 billion) by mid-next year. “Our intention until about mid-next year, when we expect the GEAP (green energy auction program) to take place, is to spend roughly $30 million or so on […]