RCBC sets terms of USD bond issue; pricing later Tuesday
Rizal Commercial Banking Corp., the Philippines' sixth-largest bank by assets, on Tuesday set the terms of the benchmark-sized US dollar-denominated senior unsecured sustainability notes it plans to issue on 28 January.
Meralco to tap P75B credit facility
Manila Electric Co., the country’s largest power distributor, said Tuesday it plans to draw from its P75 billion credit facility this week, a move that will help finance the company’s ongoing investments and other general corporate purposes.
Trump to declare national emergency at southern border
In his second inaugural address as the 47th president, Donald Trump announced a sweeping series of executive orders aimed at overhauling U.S. immigration and...
BOP deficit in December 2024 reflects economic shifts, but overall surplus signals resilience
The country's balance of payments (BOP) position, or what is left after Manila's foreign-currency expenses are deducted from its foreign currency earnings, posted a significant shift in December 2024, registering a deficit of USD1.5 billion, reversing the USD642 million surplus seen in the same month of 2023.
Nickel Asia sets environmental benchmark with carbon emissions inventory
Nickel Asia Corp. (NAC) has marked a pioneering achievement in the mining industry by completing a comprehensive carbon emissions inventory related to land use changes, positioning itself as a leader in sustainable practices.
