JG Summit Holdings Inc. on Thursday said it will assume the debts of its petrochemicals subsidiary, which will soon have to fire its workers due to its two-year plant shutdown and possible sale. “We ...

Converge ICT Solutions Inc. wants to complete the Trans-Pacific Bifrost Cable System Cable System and is targeting the partial activation of the Southeast Asia–Haian–Hong Kong Express (SEA-H2X) within ...

Citicore Renewable Energy Corp. (CREC) reported Thursday that its net income went up by 8 percent to P230 million in the first quarter from last year’s P213 million primarily due to strong power sales ...

GOVERNMENT employees are set to receive their mid-year bonuses beginning May 15, after the Department of Budget and Management (DBM) greenlighted the release of the P63.7-billion allocated fund.

The Philippine Nickel Industry Association (PNIA) said it commends the Supreme Court for affirming a trial court’s decision against a mining moratorium in Occidental Mindoro. PNIA said the ruling ...

Energy Secretary Raphael Lotilla on Thursday urged insurance firms to assist the power generation companies, particularly those that operate coal power plants, transition to clean energy by extending ...

The trade truce is not enough to ignite a rush into Chinese financial assets amid expectations of reduced policy stimulus and lingering uncertainty on a final deal.

The Trump administration called its $142 billion defense deal with Saudi Arabia “the largest defense sales agreement in history.” Critics aren’t so sure.

South African President Cyril Ramaphosa plans to hold talks with his US counterpart Donald Trump in Washington on May 21 and hopes to ease a simmering diplomatic row between the two nations.

THE Department of Agriculture (DA) has lifted the maximum suggested retail price (MSRP) for pork amid mounting calls from industry players due to tight supply. Agriculture Secretary Francisco Tiu ...

The trade truce is not enough to ignite a rush into Chinese financial assets amid expectations of reduced policy stimulus and lingering uncertainty on a final deal. While Chinese stocks have rallied ...

Trade chiefs from some of the world’s biggest economies are competing for access to US Trade Representative Jamieson Greer as they seek to advance negotiations with Washington at a conference in South ...