The Department of Transportation (DOTr) on Monday said San Miguel Corporation (SMC) is on track to complete the first phase of the Southeast Metro Manila Expressway (C6), or the C6 Expressway, within the next two to three years.
The average rate on Treasury bills continued to decline at Monday's auction, guided down by strong demand that enabled the Bureau of the Treasury (BTr) to increase its borrowing.
The Ayala Group will host the 2025 board meeting of the US–Philippines Society in Manila from 10 to 11 February, marking a significant private sector-led forum focused on the economic and diplomatic ties between the two nations.
The Power Sector Assets and Liabilities Management Corp. (PSALM) has received a P473.17 million bid for the privatization of the Maibarara property, a key energy asset located in Batangas and Laguna. The lone bidder, Maibarara Geothermal Inc. (MGI), met the minimum bid price during the auction held on 30 January.
Asia United Bank (AUB) posted a record net income of P3.2 billion in the first quarter as the bank sustained strong profitability amid a challenging global economic environment.
British financial markets infrastructure and data provider TP ICAP has expanded its Philippine footprint with the opening of a new facility at the Philippine Economic Zone Authority-accredited ECOPRIME Building in Bonifacio Global City.
Rockwell Land Corp., the listed property developer of Lopez Inc., reported a 67 percent increase in net income attributable to the parent company for the first quarter, driven by residential sales and recognition of revenue from the Alabang Commercial Center (ACC).
Belle Corp., the gaming and high-end leisure unit of SM Investments, is looking at Clark as the Philippines’ next major integrated resort destination amid rising tourism demand and improving infrastructure in Central Luzon.