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News from Philippines
BFAR puts fisheries tech to practical use
BFAR will showcase digital systems, satellite technology and locally applied innovations at SAFET 2026 to stre…
DOE eyes P5.6-B 2027 budget as conventional energy, EV programs get big boost
The largest percentage increase is for the Electric Vehicle Industry Development Program, whose funding rises …
AREIT, INC.
AREIT, INC. - Notice of Special Stockholders’ Meeting — Daily Tribune
PetroGreen solar plant gets compliance certificate
PETROGREEN Energy Corp. (PGEC) on Tuesday said its 25-megawatt-peak Bugallon solar power plant in Pangasinan h…
OpenAI to launch new model with 'stronger safeguards' after hack
SAN FRANCISCO — ChatGPT maker OpenAI said Tuesday it was preparing to release its newest powerful model, known…
Peso plunges to new record low of P62.4:$1
THE peso sank to a new all-time low of P62.40:$1 on Tuesday as the dollar continued to strengthen amid expecta…
Go sees P10B loss from systems loss VAT removal
THE removal of the 12-percent value-added tax (VAT) on system loss charges will cost the government some P10 b…
Factory output growth fastest in nearly 10 years
PHILIPPINE manufacturing activity accelerated sharply in August, with factory output expanding at its fastest …
Debt service burden rises to $6.2B as of end-May
THE country’s debt service burden rose by 4.8 percent to $6.21 billion in the first five months of the year fr…
DBM releases P10.4B for Zero Balance Billing
THE Department of Budget and Management (DBM) on Tuesday announced the release of P10.377 billion to support t…
Agri losses from storms, monsoon rise to P2.84B
AGRICULTURAL losses from tropical cyclones Luis, Maymay, and Neneng, and aggravated by the southwest monsoon, …
DA, DOE eye cheaper feedstock for bioethanol
THE Departments of Agriculture (DA) and Energy (DOE) are exploring cheaper and more diverse feedstock to make …
Jollibee advances plan to spin off overseas unit
JOLLIBEE Foods Corp. (JFC) is moving closer to separating its international business into a stand-alone compan…
SM keeping 2028 target of 100 malls
SM is still aiming to have 100 malls by 2028 despite construction and logistics delays that have pushed back t…
Ex-Finance secretary joins Megaworld board
FORMER Department of Finance secretary Carlos “Sonny” Dominguez has joined the board of property developer Meg…
Global AI boom fuels Asia factory expansion
SURGING global demand for artificial intelligence (AI) hardware kept Asia’s factories humming in August, priva…
Hyundai labor union OKs wage deal
SEOUL — Hyundai Motor’s South Korean labor union approved a tentative wage agreement with the automaker, bring…
Boeing, union to resume negotiations on Sept 8
SEATTLE, Washington — Negotiators from Boeing and the union representing engineers and technical workers in Wa…
OpenAI’s ad unit hits $1B annualized revenue run rate
OPENAI on Monday said ChatGPT Ads, the company’s advertising business, has reached $1 billion in annualized re…
Apple CEO Cook steps down, Ternus takes over
SAN FRANCISCO, California — Apple’s Chief Executive Tim Cook bid farewell to the tech giant on Monday, paying …
Amazon sued over ad sales practices
AMAZON.COM illegally raised prices for advertisers by surreptitiously raising the minimum price required to pl…
Contecon Manzanillo can now handle ultra-large vessels
CONTECON Manzanillo S.A. de C.V. (CMSA), the Mexican subsidiary of global terminal operator International Cont…
‘Seafarers’ safety is of critical importance’
SAFE and efficient ship operations always boil down to the mental and physical health of the seafarers manning…
ILO, EU to PH: Improve maritime protection
GLOBAL labor officials and European diplomats urged Philippine authorities to tighten enforcement of maritime …
Filipino seafarers home after Black Sea missile attack
TWENTY-TWO Filipino seafarers have safely arrived in the Philippines last Sunday, Aug. 30, following another s…
Major China smartphone makers increase prices
MAJOR Chinese smartphone makers, including Huawei, Xiaomi and Honor, raised prices on selected models on Tuesd…
PPA identifies ports for offshore wind rollout
THE Philippine Ports Authority (PPA) is prioritizing dedicated hubs in Mercedes, Camarines Norte, and Batangas…
Baidu dual-primary listing draws attention
BAIDU’S dual-primary listing in Hong Kong and on Nasdaq will take effect on Tuesday, a move that Chinese exper…
Marina formulates layered offshore wind safety framework
THE Maritime Industry Authority (Marina) is developing a safety framework to regulate the country’s offshore w…
China-Asean trade up 24.7% in Jan-July
THE 23rd China-Asean Expo will be held in Nanning, Guangxi Zhuang Autonomous Region, which will focus on free …
Global collaboration in a warming world
WE see, in newspapers, on TV, and online, the deadly floods ravaging villages in Nepal. The flooding on Aug. 2…
Meralco, US firm ink deal for nuclear reactors study
MANILA Electric Co. (Meralco) and unit Meralco PowerGen Corp. (MGen) have signed an agreement with US-based en…
Shein prices Hong Kong IPO below top end of range, raises $1.74 billion
SHEIN on Monday priced its Hong Kong initial public offering (IPO) below the top end of its marketed range, ra…
Primehomes’ The Reserve wins gold, silver at FIABCI 2026 Awards
The Reserve by Primehomes wins gold for Mid-Rise Development and silver for Sustainable Development at the FIA…
Metro Pacific Water sets P23B for PHl, Vietnam growth
Metro Pacific Water will invest P23 billion over five years to expand water capacity in the Philippines and Vi…
Remolona backs Pax Silica to support exports, peso
BSP Governor Eli Remolona Jr. says Pax Silica could boost Philippine exports and ease pressure on the peso, bu…
Philippine manufacturing hits 9-year high in August
Philippine manufacturing activity surged in August as the S&P Global PMI hit 54.9, its strongest expansion sin…
SM Supermalls bullish as consumer spending holds up
SM Supermalls reports P41.8 billion in revenue and 96% occupancy in the first half of 2026, as higher fuel cos…
Headhunter’s coup
A former Cabinet official joins a listed conglomerate as lead independent director and takes the helm of its r…
Meralco power auction clears at below P5.60/kWh
Meralco secures 600 MW of baseload power at below P5.60 per kWh, with three generators set to supply customers…