PALM Concepcion Power Corp. (PCPC) said it expects its 135-megawatt (MW) coal-fired power plant on Panay Island, which is undergoing restoration, to be fully operational by Aug. 3.In an advisory on Friday, the company said United Kingdom-based contractor Quartzelec Ltd. is undertaking a two-phase repair
BW FILE PHOTORATES of Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week may end mixed ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting.The Bureau of the Treasury (BTr) will auction off P15 billion in T-bills on Monday, or P5 billion
1 of 10I THINK it’s safe to say that we’ve reached an inflection point in our country’s mobility journey as it pertains to the brands we allow into our consideration set.It’s already a bewildering selection as it is. Japanese, Korean, American, and European marques have
REUTERSBy Adrian H. Halili, ReporterA FOUR-TO-SIX-MONTH review of tariffs imposed on agricultural goods would promise relief for domestic producers against tariffs lowered potentially until 2028, farmers said.Federation of Free Farmers (FFF) National Manager Raul Q. Montemayor said the more frequent review proposal shortens the review
PRECONDO-UNSPLASH“Russians lined up to purchase US dollars after the Moscow Exchange enforced an immediate suspension of trading in dollars and euros in response to fresh US sanctions,” Newsweek reported. Russia’s central bank announced on June 12 that exchange trading and settlements of deliverable instruments in
AYALA Land Premier, Inc. said it has broken ground for its 51-storey exclusive residential project Park Villas in Makati City.In a statement on June 21, the property developer said Park Villas would feature 45 villas, with each villa occupying the entire floor and located inside
1 of 8IC STAR AUTOMOTIVE, INC., official distributor of Mercedes-Benz vehicles in the Philippines, recently debuted the Mercedes-Benz EQE SUV at its dealership in Bonifacio Global City, Taguig.Aside from “further solidifying (the) Mercedes-Benz commitment to electrification, innovation and sustainability,” the release of the EQE SUV
ALFRED KENNEALLY-UNSPLASHPHILIPPINE coffee imports are expected to fall 3.7% this year, according to the US Department of Agriculture (USDA).In a report, the USDA estimates that imports of soluble coffee to the Philippines would amount to 6.3 million 60-kilogram bags, against 6.5 million bags in 2023.The
TUI Cruises celebrated the christening of their newest fleet member, Mein Schiff 7, on Sunday 23 June, 2024 in the Kiel Fjord. The event was a highly anticipated affair, culminating in a spectacular drone show and fireworks against the backdrop of Kiel.The christening ceremony was
Tinrocket, a software company based in Brooklyn, New York, has recently announced the release of their latest app, Photo Tape, on Sunday 23 June, 2024. This innovative photo app, available exclusively for iOS users, offers a fresh take on photo collaging with its minimalistic design
BW FILE PHOTOBARGAIN HUNTING may prop up Philippine shares this week after the index ended at a seven-month low on Friday, and as the market awaits the Bangko Sentral ng Pilipinas’ (BSP) policy meeting.On Friday, the bellwether Philippine Stock Exchange index (PSEi) closed lower for
PHILIPPINE STAR/ MIGUEL DE GUZMANTHE PESO is likely to stay at the P58 level this week as the dollar will continue to be supported by the US Federal Reserve’s “higher for longer” policy stance, analysts said.The local unit weakened to a near 20-month low on