ABOITIZ Power Corp.s joint venture with Norwegian firm Scatec will start this month the construction of a 20-megawatt (MW) battery energy storage system (BESS) located at the Magat hydroelectric powe… [+2094 chars]
FILINVEST Land, Inc. (FLI) announced on Tuesday that it signed a memorandum of understanding with Filinvest-ENGIE Renewable Energy Enterprise, Inc. (FREE) to explore installing renewable energy gener… [+3105 chars]
MANILA – A policy rate hike in the second half of 2022 remains in the horizon for monetary authorities as the jump in inflation rate last March to 4 percent is expected to continue in the coming mont… [+3453 chars]
MANILA – The Bureau of the Treasury (BTr) partially awarded the fresh offering of the three-year Treasury bond (T-bond) on Tuesday after its interest rate rose. The coupon rate of the debt paper sto… [+1737 chars]
Over a decade ago, a group of employees at Yahoo were struggling to compete with Google Maps as the younger firm aggressively outspent its rivals and scaled its offering with a grand vision and unmat… [+5382 chars]
By Reuters Staff WASHINGTON (Reuters) - U.S. services industry activity picked up in March, boosted by the rolling back of pandemic restrictions, but businesses continued to face higher costs as sup… [+2708 chars]
It is a pleasure to join you to discuss differences in how households at different income levels experience inflation.1 I look forward to hearing from the panelists, who are doing important and inter… [+24924 chars]
General Motors Co. and Honda Motor Co. will jointly develop affordable electric vehicles for the most popular segments in large global markets, starting with North America in 2027. The two automaker… [+2178 chars]
THE GOVERNMENT partially awarded the fresh Treasury bonds (T-bonds) it offered on Tuesday as investors asked for higher yields in anticipation of a central bank hike in the second half. The Bureau o… [+2903 chars]
The Mitsubishi Colt nameplate has long languished in the wilderness, last built in 2013 before it was discontinued by the Japanese automaker. The Colt is coming back in 2023, however, built on a Rena… [+2199 chars]
Commercial properties are leading among industries with the highest Non-Performing Loans (NPLs) ratio, according to data from the Central Bank. In the Monetary Policy and Financial Stability Stateme… [+3619 chars]
The number of POS terminals in Nigeria grew from 150,000 in 2017 to 543,000 in April 2021, according to Statista. During that period, the volume ofPOS payments in the country also increased tremendou… [+5332 chars]
