The Philippines plans the purchase of at least 200,000 metric tons (MT) of refined sugar from overseas suppliers in September as part of the government's price stability program.
The Bangko Sentral ng Pilipinas (BSP), noting that inflation already approximates the midpoint of the target 2 to 4 percent range, kept its benchmark interest rate at 6.5 percent.
Prime Infrastructure Capital Inc. subsidiary Prime Integrated Waste Solutions (PWS) has partnered with Ayala Land Inc. (ALI) and its real estate investment trust AREIT Inc. to process waste at an advanced resource recovery facility in Cebu City.
Ayala Corp. said Thursday its board approved a fund-raising exercise that could generate as much as P15 billion in fresh capital for the diversified investment holding company of the Zobel family.
The Department of Energy (DOE) said the government is taking immediate steps to ensure a steady power supply in Catanduanes amid ongoing challenges faced by local power provider Sunwest Water and Electric Co. (Suweco).
The Department of Agriculture (DA) said researchers have identified a small goby fish in Lake Bato, Camarines Sur that may be endemic, or found only in that area.
Energy company ACEN Corp. said it is considering several ways to raise additional capital within the next 6 to 12 months to support its renewable energy (RE) projects.