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Lopez-led ThermaPrime acquires 3 more drilling rigs to support affiliate’s geothermal expansion program

Lopez-led ThermaPrime Drilling Corporation (ThermaPrime), the Philippines’ leading geothermal well drilling company, is expanding operations by acquiring three more rigs to support the geothermal expansion program of its affiliate and help the country attain energy security.

AirAsia Nagoya flights begin in late October

AirAsia Philippines is expanding its operations in Japan with Nagoya as its third destination starting 29 October this year. 

Ramped up port operations expected from MICT equipment upgrades

Manila International Container Terminal (MICT) projects ramped up port operations with the successful commissioning of three new quay crane

Motorcycle taxis deploy roadside assistance program

Grab Philippines and Move IT have rolled out assistance programs helping driver partners cope with the financial challenges brought on by Typhoon Carina.

Empowering local producers: SM Weekend Market supports economic resilience

SM Investments Corp. has started hosting weekend markets at its shopping malls in a bid to integrate local producers and farmers into its retail...

Just in

Manulife Philippines names new chief marketing officer

Manulife Philippines has appointed Joy Ann Concepcion as its new chief marketing officer, effective Monday.

PH dismantler gears up for EV battery era

En Tsumugi ELV Dismantler Corp., the Philippines’ Toyota-endorsed end-of-life vehicle (ELV) facility, is ramping up its ability to handle electrified vehicles (xEVs) after completing specialized training in high-voltage battery dismantling.

Casiguran eyed as Philippines’ next pharma hub

Casiguran, Aurora may soon emerge as a strategic node in the Philippines’ pharmaceutical supply chain, as the Aurora Pacific Economic Zone and Freeport Authority (APECO) and the Philippine Pharmaceutical Procurement Inc. (PPPI) begin exploring plans for a dedicated pharma investment hub.

T-Bill yields climb as rate cycle turns

Philippine Treasury bill yields moved higher at Monday’s auction, as markets adjusted to the Bangko Sentral ng Pilipinas’ shift toward tighter monetary policy amid rising inflation risks.
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