CONSUMERS will be seeing a noticeable increase in their April 2025 electricity bills due to a spike in Ancillary Service (AS) charges, according to the National Grid Corp. of the Philippines (NGCP). For the March 2025 billing period, AS charges rose by 16.05 percent to P0.8094/kWh, up from P0.6975/kWh in February. NGCP attributed the hike to the inclusion of the third tranche of payments for un...
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CEBU, Philippines — Vietnam-based Cebuano innovator Poppet C. Celdran has launched BridgeAI, a new educational technology startup that aims to transform the way Filipino English as a Second Language (ESL) teachers create lesson plans. BridgeAI is a subscription-based platform available at www.bridgeai.pro. It uses artificial intelligence (AI) to help teachers quickly create ESL less...
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Cebu’s skyline is evolving, and at its core is CDM (City di Mare), a 58-hectare master-planned township in South Road Properties (SRP), Cebu City. Positioned as the prime destination for businesses and modern living, CDM offers strategic advantages that set it apart. The evolution from City di Mare—CDM marks a transformative shift—one that reflects a modern, future-ready...
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MANILA, Philippines — Property giant Megaworld Corp. has forged a strategic alliance with global real estate services firm JLL to further reinforce its position in the real estate industry. Megaworld said the partnership allows JLL to provide the company with strategic advisory services on the latest international real estate standards covering research, consulting and project development...
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MANILA, Philippines — The country must leverage the reciprocal tariffs of the US to secure a trade deal that would expand Filipino farmers’ market access to the world’s biggest economy while allowing the entry of more food items that are not grown locally to boost food security, analysts said. V. Bruce Tolentino, a former agriculture undersecretary and former member of the Mon...
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MANILA, Philippines — Aboitiz Equity Ventures Inc. (AEV) will raise its capital expenditure this year by 37 percent mostly to expand its power segment, its main income driver, while developing its other businesses. The conglomerate on Monday said it had earmarked P104.6 billion in capital outlays, P78.1 billion of which would go to Aboitiz Power Corp. Last year, the segment contributed...
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