Tech giant Ericsson to reduce staff by 1,600
Tech giant Ericsson of Sweden announced on Thursday proposed staff reductions in its home country as part of measures aimed…
Global electric vehicle sales hit record in 2025
Global electric vehicle (EV) sales reached a record 20.7 million units last year, up 20 percent, according to London-based research…
Department of Energy terminates 163 renewable energy contracts
The Department of Energy (DOE) has terminated 163 renewable energy (RE) service contracts between 2024 and 2025 after developers failed…
Bank lending expands in October with resilient credit demand
Bank lending continued to expand in October, underscoring resilient credit demand even as borrowing costs remained elevated, data from the…
World Bank says global economy surprisingly resilient
The global economy is proving more resilient than expected despite ongoing trade frictions and policy uncertainty, according to the World…
SM Prime building smarter, cleaner energy future
SM Prime Holdings, Inc. continues to lead sustainable property development by delivering low-carbon office spaces and climate-smart retail environments through…
Capital markets not changing course despite wavering public commitments on climate issues
The course of capital markets has not reversed amid governments recalibrating their climate and sustainability priorities even as policy consensus…
Foreign direct investments to PH down to $6.2 billion in November
The Philippines recorded lower foreign direct investments (FDIs) of $6.2 billion as of end-October 2025, due to overseas trade policies,…
Gold price surges to new record as tensions mount over US Fed chief’s fate
Gold surged to a record high of $4,610.83 per ounce on Monday, gaining about 2.2 percent as investors rushed to…
Meralco rates down by P0.1637 per kWh for January
Lower transmission charges pushed Manila Electric Company’s (Meralco) power rates down by P0.1637 per kilowatt-hour (kWh) in January 2026, the…