MPIC shelves tollway stake sale, eyes other funding avenues to cut debt
Metro Pacific Investments Corp. (MPIC) has decided to abandon its planned sale of a 20 percent stake in Metro Pacific Tollways Corp. (MPTC), signaling a strategic shift toward alternative capital-raising efforts to manage its debt load.
PH earns high marks in 2024 PEFA Report
Finance Secretary Ralph G. Recto on Wednesday welcomed the results of the 2024 Public Expenditure and Financial Accountability (PEFA) Reports launched by the Public Financial Management (PFM) Committee.
SEC launches crypto oversight framework
The Securities and Exchange Commission (SEC) has released the long-awaited rules and guidelines governing crypto asset service providers (CASPs), marking a significant step in regulating digital assets and their related services in the country.
PH, Egypt in talks to expand agri-trade opportunitiesAgriculture
The Philippines is actively pursuing deeper agricultural trade ties with Egypt, with Agriculture Secretary Francisco P. Tiu Laurel Jr. meeting with Egyptian Ambassador Nader Nabil Zaki on 5 June to explore broader market access for high-value Philippine produce, particularly mangoes and bananas.
Filinvest-ENGIE JV energizes 3MWp solar rooftop project for Nexperia Phils.
The Filinvest Group and ENGIE Services Philippines, through its joint venture company, Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE), has completed a 3-megawatt-peak (MWp) solar rooftop system for Nexperia Philippines, Inc. in Cabuyao, Laguna.
