MANILA: President Ferdinand R. Marcos Jr. has designated Trade Undersecretary Ma. Cristina Roque as Acting Secretary of the Department of Trade and Industry (DTI), Malacañang announced on Friday.

The Presidential Communications Office (PCO) announced…

MANILA: The Department of Energy (DOE) is set to restart the reserve market early this month.

In a statement Friday, the agency said it directed the Independent Electricity Market Operator of the Philippines (IEMOP) to coordinate with the Energy Regu…

MANILA: The National Innovation Council (NIC) recently approved several critical initiatives to enhance the country’s innovation ecosystem and address critical barriers to development.

In a statement on Friday, the National Economic and Development A…

MANILA: The Philippine economy likely grew at 6 percent in the second quarter of the year, an economist said on Friday.

In a Viber message, Rizal Commercial Banking Corporation chief economist Michael Ricafort said drivers of growth include the highe…

MANILA: Two bettors from the provinces of Laguna and Cavite bagged the jackpot prizes in two separate Lotto draws on Thursday, the Philippine Charity Sweepstakes Office (PCSO) said on Friday.

In an advisory, the PCSO said a bettor guessed the winning…

ISTANBUL: American artistic gymnast Simone Biles became the oldest all-around champion since 1952.

The 27-year-old American gymnast outlasted second-place Brazil’s Rebeca Andrade and her third-place teammate Sunisa Lee.

“Biles dazzled once again, ea…

Prime Minister Pham Minh Chinh met President of Timor-Leste Jose Ramos-Horta in Hanoi on August 2. The President is paying a state visit to Vietnam from July 31 to August 3.

Source: Vietnam News Agency

MANILA: Net income of the country’s largest coal producer, Semirara Mining and Power Corp. (SMPC), declined in the first half of the year by 34 percent, to PHP12.6 billion from PHP19.2 billion in the same period in 2023, due to weaker coal prices and …