Inquirer
The country’s first sovereign wealth fund is poised to make its first investment—most likely in renewable energy—after fund manager Maharlika In
Domestic bond listings this year may still reach P400 billion—the Philippine Dealing and Exchange Corp.’s (PDEx) original target—following much
There is no total ban on developing coal-fired power plants in the Philippines, according to the Department of Energy (DOE). In a statement, the DOE
Bank of the Philippine Islands (BPI) has set an interest rate of 6.2 percent per annum for its latest bond offering worth P5 billion. The Ayala-led ba
Pangilinan-led PXP Energy Corp. has relinquished a contract to harness oil and gas resources in an offshore area northwest of Palawan after assessing
The local bourse nearly breached the 6,800 barrier on the last trading day of the week as excited investors awaited more first-semester earnings resul
Discovery World Corp. (DWC) will drop its cryptocurrency venture to focus on its core hospitality business in hopes of finally erasing the luxury hote
Maynilad Water Services Inc. has set aside more than P686 million for the development of a raw water reservoir designed to beef up supply for the Metr
Beijing, China — Chinese officials pledged Friday to help ease debt pressure on local governments through reforms to the tax system, after a key pol
Paris, France — The amount of electricity produced from renewable sources worldwide is set to surpass output from coal-fired plants for the first ti
MANILA – The local stock market ended the last trading day of the week at slightly below the 6,800 level, while the peso closed almost unchanged. Th
There is no evidence that a global IT outage affecting airlines, banks, media and other business was caused by a cyberattack, France’s cybersecuri
Updated on July 19 at 6:13 p.m. The global Microsoft outage has paralyzed several industries using its software, with some Philippine banks confirming
Updated on July 19, 2024 at 5:05 p.m. Sydney, Australia — A major outage wrought havoc on global computer systems on Friday, grounding flights in th
Flights were suspended at Berlin Brandenburg airport in Germany on Friday morning due to a “technical problem,” a spokeswoman told AFP as several
A large-scale outage wrought havoc on IT systems across Australia and New Zealand on Friday, causing travel delays, hampering television broadcasts, a
WELLINGTON, New Zealand — Microsoft users worldwide, including banks and airlines, reported widespread outages on Friday, hours after the technology
Updated on July 19 at 6:05 p.m. MANILA, Philippines – The global outage of technology giant Microsoft has affected the system of budget carrier Cebu
MANILA – The country’s balance of payments (BOP) position recorded a lower deficit in June this year, the Bangko Sentral ng Pilipinas (BSP) said.
Cape Town, South Africa — South African President Cyril Ramaphosa on Thursday said that his new coalition government would prioritize economic growt