The Philippine government may soon be forced to confront tough fiscal trade-offs as national debt levels move further beyond what economists consider sustainable, a former Bangko Sentral ng Pilipinas (BSP) official warned.
The Philippine Competition Commission (PCC) has cleared the proposed sale by the Power Sector Assets and Liabilities Management (PSALM) Corporation of the Caliraya, Botocan, and Kalayaan pumped storage power plants to Cleanergy 9 Power Inc., an Aboitiz Group unit—subject to binding safeguards to protect competition in the Luzon power market.
Gray-market vehicles may look like bargains, but the Auto Body Manufacturers Association of the Philippines (ABMAP) says their true price is paid in safety risks, lost jobs, and billions in foregone public revenue.
Cebu Landmasters Inc. (CLI), the leading property developer in the Visayas and Mindanao, has officially opened the newly redeveloped Patria de Cebu, a mixed-use complex that blends heritage preservation with modern commercial use in downtown Cebu City.
Jollibee Foods Corporation (JFC) is sharpening its logistics edge in the Visayas and Mindanao with the opening of a new food commissary in Guinsay, Danao City, Cebu—an investment that underscores the company’s long-term growth strategy and confidence in regional demand.
When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.
The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.
Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.
The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.