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Month: September 2024

RE firm Alternergy posts 1st 3-digit net income growth

Manila: Alternergy Holdings Corp., a pioneer in renewable energy in the country, recorded its first triple-digit growth in consolidated net income for the fiscal year (FY) 2024.

In a press briefing in Makati City Thursday, Alternergy president Gerry …

Local index strong on possible BSP rate cute, peso flat

Manila: The local stock market gauge rebounded on Thursday as the Bangko Sentral ng Pilipinas (BSP) signaled that it may ease policy rates anew toward the fourth quarter of the year.

The Philippine Stock Exchange index (PSEi) rose 1.31 percent to 7,4…

PBBM signs anti-agri economic sabotage law

Manila: President Ferdinand R. Marcos Jr. on Thursday signed a new law to combat agricultural smuggling, profiteering, and hoarding, making food more affordable and accessible, and providing better income to local farmers

In a ceremony at Malacañang …

Blazers seek to keep NCAA lead

Manila: College of St. Benilde (CSB) seeks to keep the lead when it battles Lyceum of the Philippines University in the National Collegiate Athletic Association (NCAA) Season 100 men’s basketball tournament at the Filoil EcoOil Arena in San Juan on Fr…

Minor phreatic eruption recorded in Taal Volcano anew

Manila: The Philippine Institute of Volcanology and Seismology (Phivolcs) recorded another minor phreatic eruption in Taal Volcano on Thursday.

The eruption was recorded at 12:39 p.m. and has produced 2,400-meter-high plume. Phivolcs also recorded a …

Senate to wrap up budget hearings Oct. 18

Manila: Senate Finance Committee chairperson Grace Poe on Thursday said committee hearings on the proposed PHP6.352 trillion national budget for 2025 will be wrapped up on Oct. 18 in time for a short All Saints’ Day and All Souls’ Day break.

This, af…