APECO eyes 2027 airport launch, bids soon
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is accelerating preparations to operationalize its airport, with key infrastructure projects set for bidding in the coming months as it targets the start of commercial flights by the second quarter of 2027.
Volatility to persist as PSEi tests support
Philippine financial markets are expected to remain fragile this week, with investors bracing for continued volatility as risk aversion dominates sentiment and the benchmark index struggles to regain footing above key levels.
Nickel Asia’s renewable unit targets 458 MW capacity by end-2026
Nickel Asia Corp. (NAC), through its renewable energy arm Emerging Power Inc. (EPI), aims to raise its total operational power capacity to 458 megawatts (MW) by the end of 2026, up from 293 MW expected by end-2025.
Petron buys Russian crude, revives offer to sell firm back to government
Petron Corp. has procured 2.48 million barrels of crude oil from Russia to secure fuel supply in the country until June 2026, the company said.
STI warns of slower enrollment amid Middle East conflict
STI Education Systems Holdings Inc. expects student enrollment to decline further as the ongoing conflict in the Middle East affects Filipino families’ finances, its chairman Eusebio H. Tanco said.
