For all its growth potential, the Philippines still faces two stubborn barriers to attracting more foreign investment: expensive electricity and weak infrastructure. Fixing both could unlock the country’s next phase of economic expansion.
First Gen Corporation on Wednesday began construction of its first utility-scale solar facility, the 54-megawatt Inara Solar Power Plant, in Barangay Bilog-bilog, Tanauan City, Batangas Province.
The Securities and Exchange Commission (SEC) has relaxed the rules for publicly listed firms and other companies with registered securities that want to hold their annual stockholders’ meetings (ASMs) earlier than the date stated in their bylaws.
Rockwell Land Corp., the listed property development arm of the Lopez Group, has reached a major construction milestone in Central Luzon, topping off the structure of Power Plant Mall Angeles as it pushes ahead with the expansion of its signature lifestyle brand beyond Metro Manila.
The Philippines’ electronics sector is keeping a steady hand despite simmering Middle East tensions, signaling resilience as export revenues near a record-breaking milestone.
The Philippines is closely watching a new US trade investigation that could reshape manufacturing supply chains and complicate trade flows across Southeast Asia.
The Philippines is pressing Southeast Asian economies to keep markets open as geopolitical tensions in the Middle East threaten to rattle global supply chains and push up energy costs.
The Energy Regulatory Commission (ERC) on Thursday said electricity prices at the Wholesale Electricity Spot Market (WESM) could rise by P2 to P4 per kilowatt-hour (kWh) next month, based on simulations by the Independent Electricity Market Operator of the Philippines (IEMOP).
When it comes to spotting investment scams, Atty. Joanne L. Ranada has spent much of her career reading between the lines — and occasionally between the loopholes.