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PH power consumption seen to decline by 5.9% in near-term: Fitch

MANILA – Power consumption in the country in the near-term will decline as the economy struggles with the coronavirus disease 2019 …

DTI registers over 75K online businesses

MANILA – A total of 75,029 online businesses have registered with the Department of Trade and Industry (DTI) from January …

UK, Asean vow to boost economic cooperation amid pandemic

Now more than ever the global trading system needs multilateral cooperation to ensure supply chains remain open. Closer UK-ASEAN trade …

RCEP ministers resolve ‘almost all’ issues: DTI chief

MANILA – Trade Secretary Ramon Lopez said on Thursday the 15 trade ministers of participating countries of the Regional Comprehensive …

ERC fines Meralco over violations on ECQ directives

MANILA – The Energy Regulatory Commission (ERC) on Thursday said it will impose a PHP19-million fine on Manila Electric Co. …

Coca-Cola reaffirms long-term commitment in PH

MANILA – Beverage firm Coca-Cola has reaffirmed its long-term commitment in the Philippine market despite the challenges brought by the …

Maxus launches G50 in PH market

MANILA – Maxus Philippines on Tuesday launched the G50 multipurpose vehicle (MPV) in the country, signaling confidence in the local market …

Nestlé partnership to cut plastic footprint

MANILA – Food and beverage maker Nestlé Philippines strengthens its partnership with the private sector for its plastic waste collection, recycling, …

Hyundai, Petron tie up for free ride for health workers

MANILA – Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, has forged a partnership …

DMCI shuts down power plant in quake-hit Masbate

MANILA – The Department of Energy (DOE) reported that the satellite power plant of DMCI Power Corp. in Cataingan, Masbate was …

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