More grid alerts expected as El Ni帽o progresses
THE Department of Energy (DoE) is projecting more grid alerts in the second half of the year, as the El Ni帽o dry spell takes...
Pax Silica envoy signals US delegation鈥檚 interest in LEC hub
MORE than a dozen companies are exploring investments in the Luzon Economic Corridor鈥檚 (LEC) planned artificial intelligence (AI) hub in Tarlac,聽 officials said on...
NFA hits only 4.2% of palay procurement target
THE National Food Authority (NFA) said it managed to procure palay (unmilled rice) equivalent to 4.2% of its target in the year to date...
China鈥檚 economy loses steam at start of Q2 as consumption, output disappoint in April
BEIJING 鈥 China鈥檚 growth lost momentum in April, with industrial output cooling and retail sales sinking to over three-year lows as the world鈥檚 second-biggest...
China has agreed to address US concerns over rare earth shortages, says White House
BEIJING 鈥 China will address US concerns about shortages of certain specialty rare earths caused by Beijing鈥檚 export controls, the White House said on...
Eala jumps to No. 38 in WTA world rankings ahead of Strasbourg
ALEXANDRA 鈥淎LEX鈥 EALA has returned inside the Top 40 world rankings leading up to the Strasbourg Open and her much-awaited stint in the French...
World No. 2 chesser Hikaru Nakamura coming for WR Bughouse Championship
WORLD No. 2 chesser Hikaru Nakamura is descending to the Philippines on June 1.
But the American super Grandmaster (GM) is bringing in a different...
Rain or Shine guns for PBA Commissioner鈥檚 Cup finals berth against Barangay Ginebra
AFTER getting stranded in the semifinals in four previous stints, can Rain or Shine (ROS) finally get over the hump and contend for the...
Banks鈥 NPL ratio improves in March
THE PHILIPPINE BANKING sector鈥檚 nonperforming loan (NPL) ratio declined in March, data from the Bangko Sentral ng Pilipinas (BSP) showed, reflecting borrowers鈥 strong repayment capacity despite the Middle East war.
Infrastructure spending down 48% as corruption mess slows disbursements
INFRASTRUCTURE SPENDING slumped by 48% year on year in March due to lower disbursements and tighter processes in the wake of a corruption scandal involving government projects.
Long Iran war may force BSP to hike rates aggressively
THE RISK of inflation rising faster than expected and hitting double-digit pace as the Middle East war drags on may push the Bangko Sentral...
ERC raises NGCP revenue cap to P380B through 2027
THE Energy Regulatory Commission (ERC) raised the revenue ceiling for the National Grid Corp. of the Philippines (NGCP) to P380.45 billion through 2027 after...