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DOE braces for El Niño’s impact on power

MANILA: Department of Energy (DOE) Secretary Raphael Lotilla said Thursday there is an adequate power supply next year despite the weather bureau forecast that El Niño will likely extend up to second quarter of 2024.

In a press briefing in

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PSEi, peso close strong on dovish Fed outlook

MANILA: The local index and the Philippine peso finished the day strong on Thursday following the dovish outlook of the United States’ central bank.

‘This Thursday, the local market rose by 154.74 points (2.47 percent) to 6,410.48 as investors cheere…

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NEDA Board OKs 4 high-impact projects, plans

MANILA: The National Economic and Development Authority (NEDA) Board has approved four high-impact projects and plans, Socioeconomic Planning Secretary and NEDA director general Arsenio Balisacan said Thursday.

Balisacan said the projects were approv…

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