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SPNEC injecting P8.9 B into subsidiaries

Tycoon Manuel V. Pangilinan's SP New Energy Corp. (SPNEC) is infusing an additional investment of about P8.9 billion into two subsidiaries to fund their working capital requirements.

Lower turnover forces IKEA Phl to slash prices

Home furnishings retailer IKEA Philippines is further reducing prices of over 2,000 items, after posting a decline in sales last year.

Trade deficit widens in August

The country registered a bigger trade deficit in August from a year ago as imports grew faster than exports.

Breakfast with Joey

I first met and covered Joey Salceda in the 1990s when he was a hotshot economist and analyst, impressing and befriending the Central Bank Press Corps with his analysis and spot-on projections.

Meralco, SoKor firm to explore options on nuclear energy dev't

Manila Electric Co. (Meralco), chaired by tycoon Manuel V. Pangilinan, has partnered with South Korea's Doosan Enerbility Co. Ltd. to develop low-carbon power projects, including nuclear energy.

NGCP: Transmission rates down for Oct billing

Power consumers should expect lower overall transmission charges in their electricity bills this month, according to the National Grid Corp. of the Philippines (NGCP).

Stocks extend losses for 3rd day

The local stock market extended its losing streak to three days amid a profit-taking spree and further weakening of the peso against the greenback.

FDI inflow in July highest in 5 months

The net inflow of foreign direct investments surged to its highest level in five months in July, ending four consecutive months of FDI contraction, the Bangko Sentral ng Pilipinas (BSP) said.

P4-B calamity fund available for Q4

The government can still tap nearly P4 billion in calamity funds to finance various disaster relief operations for the last quarter of the year.

Spitting in the wind

There's a saying that spitting in the wind means wasting your time by trying to do something which has little or no chance of success.

Nadal calling it quits at 38

Rafael Nadal announced Thursday he will retire from tennis at age 38 following next month's Davis Cup finals.

Stage set for Esports Estudyante championships

The biggest campus Esports league in the country is on.

National Academy of Sports draws boost from Jollibee

With the goal of helping build the next generation of world-class Filipino athletes, Jollibee has pledged to donate P5 million worth of sports equipment to the National Academy of Sports in New Clark City, Capas, Tarlac.

Santos in focus as hot Knights take on Pirates

For three games, Letran's Kevin Santos had found a way to flip the switch transforming him from a seldom-used, second string big man to a juggernaut inside.

Ababa beats Ikeda by one for Iloilo Challenge crown

Sarah Ababa's six-month journey back to the winner's circle culminated in a determined triumph at the ICTSI Iloilo Golf Challenge as the seasoned Davaoeña showcased grit and poise to secure the title despite a challenging final-round 76 yesterday.

Swift donates $5 M to US hurricane relief efforts

WASHINGTON – US pop star Taylor Swift (in photo) has donated $5 million to relief efforts connected to hurricanes Helene and Milton, according to a report in British newspaper The Guardian.

Biden, Netanyahu discuss Israel's response to Iran missile strike

JERUSALEM / BEIRUT (Reuters) US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu spoke on Oct. 9 about potential Israeli retaliation against Iran, while Lebanon's Hezbollah said its fighters pushed back advancing Israeli forces along the border.

Taiwan president vows to resist annexation of island

TAIPEI (AFP) - Taiwanese President Lai Ching-te vowed yesterday to \"resist annexation\" as China exerts growing military and political pressure on the self-ruled island it claims as part of its territory.

NFA tweaks bagging policy to save costs

The National Food Authority (NFA) will start accepting palay bagged in new and secondhand sacks to reduce handling cost and save money.

FBI returns Nazi-looted Monet to heirs 84 years later

WASHINGTON (Reuters) - In 1940, the Nazis seized a Claude Monet pastel and seven other works of art from Adalbert \"Bela\" and Hilda Parlagi, a Jewish couple forced to flee their Vienna home after Austria was annexed into Adolf Hitler's Germany.

Hedcor named Champion for Indigenous Peoples by NCIP

Aboitiz Power Corporation (AboitizPower) subsidiary Hedcor was named \"Champion for Indigenous Peoples\" by the National Commission on Indigenous Peoples (NCIP) Region XI for its outstanding support to IP communities in the Davao Region.

Go provides aid to Bulacan calamity victims

Sen. Bong Go collaborated with the local government of Hagonoy in Bulacan in providing assistance to poor residents and victims of calamities on Wednesday.

Ilocos Norte top execs switch posts in 2025 elections

LAOAG CITY- Ilocos Norte Gov. Matthew Joseph Marcos Manotoc has withdrawn his certificate of candidacy and opted to run for vice governor to give way to his aunt.

POGO hub conversion into schools eyed

The government is considering converting into schools the Philippine offshore gaming operator (POGO) hubs in Porac, Pampanga and Bamban, Tarlac that were raided for illegal activities, according to the Presidential Anti-Organized Crime Commission.

Cautionary tale

In 1986, people power in the Philippines inspired democracy movements around the world. Today, our country is serving as a cautionary tale and being cited as a model for why western-style democracy isn't for everyone.

Alternative Learning System and PDLs

In 2010, I had the opportunity to experience first-hand how the Alternative Learning System worked under the Department of Education.

Smile, you're on hidden camera

From time to time, I get a glimpse of all the other returning and recycled political candidates and I recognize some of them who have turned campaigns and elections into a profitable undertaking or a seasonal business of sorts.

More Alice Guos?

With the deadline over for the filing of certificates of candidacy, the Commission on Elections has shifted to cleansing the roster of aspirants.

MH hotline integrated in QC's Helpline 122

Quezon City residents who have mental health concerns and emergencies can seek help through the city’s Helpline 122.

Gov't work, classes suspended in Manila, Pasay Oct. 14-15

Work in government offices and classes at all levels in Manila and Pasay will be suspended from Oct. 14 to 15 for an international conference on disaster risk reduction, Malacañang announced yesterday.