Thailand Activates Emergency Energy Plan As Strait Of Hormuz Disruption Threatens Oil Supply

Thailand has activated an emergency energy plan following disruptions linked to the Strait of Hormuz. The move highlights how quickly geopolitical tensions can affect global fuel supply chains.

Asia’s Energy Security On The Line As Strait Of Hormuz Tensions Escalate

The Strait of Hormuz carries about one fifth of the world’s oil supply. Any disruption here would send shockwaves through global energy markets.

Tom Kelly Named Chief Executive Officer Of Formerra

Formerra has appointed Tom Kelly as Chief Executive Officer as the company advances its global materials distribution strategy.
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Business

Chemrez’s Planned Biofuel Factory Seen To Boost Coco Farmers’ Income

The upcoming biodiesel factory from D&L Industries may elevate the earnings of local coconut farmers. A supportive move towards agricultural growth.

PEZA: Philippines Becoming Preferred Hub Of Firms Relocating From China

According to Tereso Panga of PEZA, the Philippines is increasingly chosen as a key location for businesses moving out of China.

Japan To Finance Philippine Infra Projects, Health, Climate Change Programs

Securing financial support from Japan, Finance Secretary Ralph Recto paves the way for the Philippines' progress in health and climate projects.

Government, Private Sector Developing Philippine Climate Finance Strategy

The Philippines is taking a new step in creating a Climate Finance Strategy focused on climate issues.

Construction Activities Reach 12.5K In January

In January, there were 12,526 construction activities recorded by the PSA, reflecting ongoing sector development.

Philippine Creative Economy Grows By 8.7% In 2024

The Philippine creative economy continues to thrive, growing by 8.7% to PHP1.94 trillion in 2024. A great prospect for the future.

Secretary Recto Confident Philippine Economic Growth To Reach 6% In 2025

Secretary Recto believes that the economic growth of the Philippines will surpass 6% in 2025, as stated in his recent comments.

Philippine Financial Sector’s Total Resources Up 7.9% In January

The Bangko Sentral ng Pilipinas reported a nearly 8% rise in total financial sector resources for January.

APECO Investor To Source Aqua Products From Local Fisherfolk

Local fisherfolk in Casiguran are set to benefit as APECO’s new investor commits to sourcing their aquatic products.

BSP Projects Inflation To Remain Within Target In 2025-2026

The Bangko Sentral ng Pilipinas forecasts a stable inflation outlook for 2025-2026, thanks to the decline in rice prices.