CATEGORIES

PH to generate first kilowatt of power from wind energy in 2028

Undersecretary Giovanni Carlo Bacordo represented the Philippines at the 2024 Asia-Pacific Wind Energy Summit, held on 26-28 November 2024 in South Korea.

PH's energy transition plans bared at the Energy Investment Forum

Secretary Raphael P.M. Lotilla presented a summary of the government's efforts to boost energy investments during the Energy Investment Forum held on 5 December 2024 at Hilton Manila Hotel in Pasay City.

Government grants tax exemption to electric cooperatives, boosting total electrification efforts

All electric cooperatives (ECs) in the country, whether registered with the National Electrification Administration (NEA) or the Cooperative Development Authority (CDA), that comply with NEA's financial and operational standards will be exempted from local taxes, fees, and charges imposed by local government units (LGUs).

PH's energy transition plans bared at the Energy Investment Forum

Secretary Raphael P.M. Lotilla presented a summary of the government's efforts to boost energy investments during the Energy Investment Forum held on 5 December 2024 at Hilton Manila Hotel in Pasay City.

DOE recognizes first responders' dedication amid disasters

The Department of Energy paid tribute to the bravery and unwavering dedication of first responders who play a critical role in restoring energy services in the aftermath of disasters.

Sideways trading on upward bias seen

Local stocks are expected to trade sideways this week, with a slight upward bias, on hopes the Bangko Sentral ng Pilipinas (BSP) will further ease monetary policy.

Trump wants mighty dollar to continue

US President-elect Donald Trump escalated tensions with BRICS nations. He threatened to impose 100 percent tariffs if the bloc, consisting of Brazil, Russia, India, China and South Africa, pursues alternatives to the US dollar.

SM opening 2 more malls in China

The SM Group of the Sy family will continue to expand in China, with two new malls set to open in the next few years.

Canada interested in Luzon economic corridor

Canada is interested in exploring opportunities in the development of the Luzon economic corridor in line with efforts to strengthen ties with the Philippines.

Jonathan Esmerio takes reins of Loxon group of companies

The Loxon Group of Companies would like to announce that Jonathan A. Esmerio has been elected by the Board of Directors as its new President and Chief Operating Officer.

State firms' subsidies cut to P117.21 B in 10 months

The government further reduced its budgetary support to state-run firms by nearly 20 percent in the 10 months to October, with the bulk of the subsidies allocated to support irrigation projects.

ANZ: Manageable inflation may prompt BSP to slash rates

The Bangko Sentral ng Pilipinas (BSP) may further lower its policy rates this month amid manageable inflation in November and weaker-than-expected economic growth in the third quarter.

Dollar reserves down to $108.5 B in Nov

The country's dollar reserves fell for a second straight month in November as the national government paid some of its foreign debt obligations and the Bangko Sentral ng Pilipinas (BSP) utilized the greenback to shore up the peso's value.

X expanding Phl operations

Elon Musk's social network X, formerly known as Twitter, is ramping up its operations in the Philippines by beefing up its team and presence in Manila.

Happy in Passi

PASSI CITY, Iloilo - The first Mayor Stephen A. Palmares 9Ball National Open was an undeniable success, drawing the country's biggest names in billiards for the three-day event.

Southwoods guns for 10th

BAGUIO - Manila Southwoods eyes history as it goes for an unprecedented 10th straight Fil Championship division title in the 74th Januarius Fil Am invitational at the Baguio Country Club and Camp John Hay courses this week here.

Giant Lanterns sweep way to MPBL glory

The Pampanga Giant Lanterns completed a perfect run to a back-to-back championship with a 65-61 victory over the Quezon Huskers in the MPBL (Maharlika Pilipinas Basketball League) Sixth Season National Finals late Saturday at the Bren Z. Guiao Sports Center in San Fernando, Pampanga.

Stallions, Mavericks dispute SBA crown

Top-seeded Taguig Stallions and the fancied Manila MSW Mavericks promise a slugfest on the rack when they dispute the coveted crown in the inaugural Sharks Billiard Association (SBA) season championship next Monday at the SBA Arena and Sports Bar in Tomas Morato, Quezon City.

Escamis is simply amazing

Mercurial Mapua guard Clint Escamis's legendary performance in the just concluded NCAA Season 100 senior basketball finals may just turn out to be his swan song.

Red-hot Batang Pier make it 4-0

ANTIPOLO - At the expense of another heavyweight, NorthPort roared to its first 4-0 conference start in franchise history.

Wizards negate Jokic's 56pt explosion

The Washington Wizards withstood a 56-point explosion from Denver star Nikola Jokic to beat the Nuggets 122-113 on Saturday and snap their 16-game NBA losing streak.

MAROONS NEAR REDEMPTION

Games on Wednesday (SM Mall of Asia Arena) 10 a.m. - UE vs UST (JHS Finals Game 1) 1 p.m. - UST vs NU (Women's Finals Game 2) 5:30 p.m. - UP vs DLSU (Men's Finals Game 2)

Dorothy's ruby slippers fetch record $32.5 M

WASHINGTON (AFP) - Ruby slippers (in photo) worn by actor Judy Garland in \"The Wizard of Oz\" went under the hammer Saturday, and the winning price was over the rainbow - a record $32.5 million, the auction house said.

Swift's record-breaking 'Eras' tour set for final show

Taylor Swift's record-shattering \"Eras Tour\" is set to end today in Vancouver with the final performance of a cultural phenomenon that has easily become the highest-grossing musical tour in history.

Toll from Hague building explosion rises to 5

At least five bodies have been pulled from the wreckage of an apartment block in The Hague, authorities said, as recovery efforts stretched into a second day on Sunday.

Macron brings Trump, Zelensky together at Notre-Dame

PARIS (Reuters) - US president-elect Donald Trump, French President Emmanuel Macron and Ukraine's leader Volodymyr Zelensky held talks in Paris on Saturday, brought together by a grand ceremony to mark the re-opening of Notre-Dame Cathedral.

Power cut, 2 dead as Storm Darragh batters UK

Tens of thousands of homes across the UK were left without power on Saturday and two people were killed after Storm Darragh hit the country with strong winds and caused pre-Christmas travel disruption.

SoKor president survives impeachment vote

South Korea’s embattled President Yoon Suk-yeol avoided an opposition-led attempt to impeach him over his short-lived imposition of martial law, as most ruling party lawmakers boycotted a parliamentary vote on Saturday to deny a two-thirds majority needed to suspend his presidential powers.

US says China hacked calls of 'very senior' politicians

The US believes that an alleged sweeping Chinese cyber espionage campaign known as Salt Typhoon targeted and recorded telephone calls of \"very senior\" American political figures, a White House official said on Saturday.

Fireworks stakeholders decry online selling of 'killer' firecrackers

BOCAUE, Bulacan - Fireworks stakeholders in Bulacan have denounced the sale of oversized or \"killer\" firecrackers online, with the New Year's revelry just three weeks away.