Constructing the P13.5-billion Dumaguete Airport begins
The Department of Transportation (DOTr) on Thursday said the construction of a new, modernized Dumaguete Airport has started to accommodate the increasing number of passengers and improve air connectivity in Western Visayas.
Funding plan requires DITO CME to raise more than P40 billion over four years
DITO CME Holdings Corp. has thus far raised only 14 percent or P5.5 billion in capital funds the enterprise needs to address its negative equity and finance the more than P40 billion required to keep the business from falling over between now and 2028.
Nickel supply glut weighs down earnings of Nickel Asia in 1H
Nickel Asia Corp. said Thursday attributable net income in the first half dropped 36 percent to P1.12 billion, hurt by lower nickel prices due to a supply glut.
Cebu Landmasters secure joint venture deal for residential condominium project
Cebu Landmasters Inc., a listed property company based in the Visayas, said Thursday it has entered into a new joint venture with Cebu City-based real estate firm Martinez Agricultural Corp. to develop a residential condominium project.
Philippine economy shows resilience amid challenges, expands at faster 6.3% in 2Q
The Philippine economy accelerated in the second quarter of 2024, fueled by strong performances in services and industry, which generated more jobs to sustain consumer spending to more than compensate for a downturn in agriculture caused by El Niño.
