CATEGORIES

DOE Jacks Up Pumped-Storage Hydropower Capacity for GEA-3

The Department of Energy (DOE) has set a new installation target for pumped-storage hydropower (PSH), which will take center stage in the upcoming third round of the green energy auction (GEA).

Green spaces to fuel demand for offices

Healthy and sustainable office spaces are seen to play a significant role in fueling office space demand in Metro Manila starting this year, according to a professional services firm.

Top 10 investments and infrastructure news of 2024

Here is my list of five global investment and five Philippines infrastructure stories of 2024.

Net external liability position widens in Q3

The country's net external liability position stood at $74.2 billion as of end-September 2024, 33 percent higher than the $55.7 billion recorded in end-June, according to the Bangko Sentral ng Pilipinas (BSP).

Longer foreign land lease to benefit REIT market

The move to extend the lease term allowed for foreign investors to 99 years is seen to benefit the country's real estate investment trust (REIT) market as it will allow the expansion and diversification of property portfolios.

LRTA on track to book record-high fare income

The Light Rail Transit Authority (LRTA) will post another record income from fare collection at the Light Rail Transit Line 2 (LRT-2), boosting its war chest for spending requirements this year.

Tourism sector soars in 2024

The Department of Tourism (DOT) reported robust growth in the tourism sector for last year, attributing the progress to reforms and flagship programs under the Marcos administration.

IMF: Phl faces challenges in business, demographics

The Philippines is grappling with critical gaps in its business environment, infrastructure and labor market, which threaten its potential to attract private investment and boost productivity growth, according to the International Monetary Fund.

SEC Issues Regulatory Framework for Islamic Bonds

The Securities and Exchange Commission (SEC) wants to help boost the development of Islamic banking and finance in the country through the release of a regulatory framework for sukuk issuance.

Rice, corn mills close shop in over 1,000 barangays

Small-scale rice and corn millers in over 1,000 barangays closed shop in a span of a decade after they were dominated by bigger players amid the influx of cheaper imported grain supplies.

LeBron beaten in first game at 40 years old

The league-leading Cleveland Cavaliers spoiled LeBron James’ first game as a 40-year-old, beating the Los Angeles Lakers 122-110 on Tuesday, as the NBA champion Boston Celtics closed out 2024 with a 125-71 demolition of the Toronto Raptors.

AIA Elevates RnR Running Series Manila

The Rock 'n' Roll Running Series Manila, with AIA as its new title sponsor, is set to deliver an unparalleled experience in its fourth staging on Nov. 30, promising bigger scope and expanded participation.

KQ to pursue degree

Two-time UAAP MVP Kevin Quiambao will stay enrolled at De La Salle University to finish his course in Sports Management while playing for the Goyang Sono Skygunners in the Korean Basketball League.

Five Phl Open slots disputed in Cangolf qualifier

A lean but talented field made up of seasoned professionals and the upcoming guns will be teeing it up tomorrow to chase as many as five slots to the Philippine Open, Asia's oldest national golf championship, which will have its revival later this month.

PBA's top guns

The race is on to determine who'll emerge the PBA Commissioner's Cup top local gun.

Phl bets bracing for Asian Winter Games, SEAG, AIMAG

With a massive war chest, Filipino athletes will be well equipped when they plunge into action in several huge international tournaments in what many expect to be an exciting 2025.

Eala powers way to Canberra Last 8

Australian Open-bound Alex Eala started the New Year with a bang, barging into the quarterfinals of the Workday Canberra International yesterday.

Lively Sues 'It Ends With Us' Director, Alleging Harassment

Actor Blake Lively sued \"It Ends With Us\" director Justin Baldoni and several others tied to the romantic drama on Tuesday, alleging harassment and a coordinated campaign to attack her reputation for coming forward about her treatment on the set.

Probers Extract Data From Jeju Air Black Box

Investigators probing a Jeju Air crash which killed 179 in South Korea's worst aviation disaster on home soil have extracted the initial data from one of the Boeing 737-800's black boxes, an official said on Jan. 1.

£1.5-M reward offered after London gem raid

Victims of a £10-million London jewelry raid have offered rewards of up to £1.5 million to help recover the gems and catch the thief.

Musk flummoxes internet with 'Kekius Maximus' persona

Billionaire Elon Musk adopted the moniker \"Kekius Maximus\" on his social media platform X on Dec. 31, sparking speculation among his 210 million followers about his mysterious new handle that is a mash-up of an alt-right symbol, a memecoin and the lead character of the movie \"Gladiator.\"

World Welcomes 2025 With Light Shows, Embraces, Ice Plunges

From Sydney to Mumbai to Paris to Rio de Janeiro, communities around the world welcomed 2025 with spectacular light shows, embraces and ice plunges.

Man pushed in front of subway train survives

A 23-year-old man was arrested and charged with attempted murder on the night of Dec. 31, hours after a man waiting on a Manhattan, New York subway platform was violently shoved into the path of an oncoming train.

Car plows into crowd in New Orleans; 10 dead

At least 10 people were killed and 30 injured when a vehicle plowed into a crowd in a popular tourist district in the US city of New Orleans, city authorities said Wednesday.

ACROSS THE COUNTRY

Two vital infrastructure projects in Mindanao were completed before 2024 ended, according to the Department of Public Works and Highways.

Underwater drone recovered in Masbate

An underwater drone believed to be from China was recovered in the waters off San Pascual, Masbate on Monday, the Bicol police reported yesterday.

SC Ruling on Fishing in Municipal Waters Hit

The Department of Agriculture has been asked to appeal a decision of the Supreme Court (SC) allowing commercial fishing within 15 kilometers of municipal waters.

2 Alleged Contract Killers Slain in Zambo 'Shootout'

Two suspected contract killers were killed in a shootout with a police officer, who was wounded in the incident that occurred in this city on Tuesday night.

2 Die as Boat Sinks Off Northern Samar

Two women died while six others were rescued when a motorized boat capsized in the waters off Laoang town in Northern Samar on Monday.

Wishes for the New Year

Today we are at the beginning of a new year, 2025. In one of my recent columns, I highlighted the major events of the past that had history-changing effects on the Philippines and Asia. Today, I want to write on the future of the coming year.