Peso strengthens to over one-week high on BSP, Fed rate cut hopes
BW FILE PHOTOTHE PESO strengthened to an over one-week high against the dollar on Monday amid signals of further rate cuts from the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve.The local unit closed at P58.45 per dollar
SN Aboitiz taps GEDI to build battery storage expansion in Isabela
ABOITIZPOWER.COMSN ABOITIZ POWER Group has tapped a Chinese firm to build the second phase of its Magat Battery Energy Storage System in Ramon, Isabela with a capacity of 16 megawatts.The company awarded the engineering, procurement and construction agreements to international
High-rise condominiums to address PHL housing crisis, urban planners say
A VIEW of buildings in Makati City. — PHILIPPINE STAR/MICHAEL VARCASBy Beatriz Marie D. Cruz, ReporterVERTICAL HOUSING helps ensure more affordable housing options for the urban poor, while offsetting high land costs, according to urban planners.“From a larger urban
How PSEi member stocks performed — December 23, 2024
Here’s a quick glance at how PSEi stocks fared on Monday, December 23, 2024.
Philippines improves in Global Sustainability Ranking
The Philippines ranked 67th out of 191 countries in the 2024 Global Sustainable Competitiveness Index (GSCI) by sustainable intelligence Swiss-Korean think tank and management consultancy SolAbility. The index evaluates countries’ competitiveness and sustainability performance using 216 quantitative indicators grouped into