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

35 Negosyo Centers Help Grow Businesses In Negros Occidental

The 35 Negosyo Centers in Negros Occidental provide essential support for local businesses, reinforcing DTI's mission to foster entrepreneurship.

Cordillera Economy Grows 4.8% In 2024

According to PSA-CAR, Cordillera's economy grew by 4.8% in 2024, largely thanks to increased household spending.

American-Taiwanese Luggage Manufacturer Eyes Philippine Expansion

PEZA announces that PLG Prime Global Co. is looking to establish a new factory in the Philippines.

Thai Firm Investing Over PHP1 Billion For Coco Processing Factory In Philippines

A Thai company is committing over PHP1 billion for a coco processing facility in the Philippines, according to the latest from PEZA.

DEPDev To Craft 25-Year Infra Plan To Withstand Government Transitions

DEPDev is set to develop a 25-year masterplan to address the impact of government transitions on vital infrastructure projects.

Philippine Competition Commission Ups Bar For Merger, Acquisition Review

With its latest policy, the Philippine Competition Commission raised the bar for merger and acquisition notifications.

PCG Awards Purchase Deal For 40 Patrol Boats To French Firm

A contract has been awarded to French firm OCEA for the provision of 40 patrol boats to the Philippine Coast Guard, strengthening coastal operations.

Philippines, South Korea Deposit Insurance Bodies Renew Info Sharing Pact

The renewed MOU between PDIC and KDIC reflects a commitment to improved insurance frameworks in the Philippines and South Korea.

BIR Confident Of Hitting PHP3.2 Trillion 2025 Collection Goal

With improved taxpayer outreach, the BIR is determined to meet its PHP3.2 trillion collection objective by 2025.

Philippines Gets French Grant To Help Advance FTA With European Union

The Philippine government receives financial aid from France for geographical indications, essential for FTA discussions with the EU.