Aboitiz Power Corp. said its renewable energy subsidiary has secured a P6.1 billion project finance facility from Bank of the Philippine Islands, the country’s 4th largest lender by assets, to fund the construction of a new wind power project in southern Luzon.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is accelerating plans for a Pacific-facing mega port in Aurora province, betting that mounting geopolitical tensions will push global shipping to seek alternative routes.
The Department of Trade and Industry (DTI) is mobilizing a P7-billion financing package through the Small Business Corp. (SB Corp.) to support exporters, overseas Filipino workers (OFWs), and women-led enterprises as tensions in the Middle East threaten to ripple through global trade and employment.
As it marks four decades in the poultry business, Bounty Fresh Group Holdings Inc. is setting its sights beyond the Philippine market, outlining plans to expand further across Southeast Asia as part of a long-term push to become a regional food player.
The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.
The Department of Agriculture (DA) is calling on more agricultural transporters to register for its free tollway program, aimed at keeping food supply steady and prices low during the ongoing national energy emergency.
The Philippine Economic Zone Authority is stepping up efforts to draw manufacturing investments in traditional hubs, pitching a proposed ecozone in Albay as a potential expansion site for Atlantic, Gulf & Pacific Co.
Aboitiz Foods unit Gold Coin Management Holdings Pte. Ltd., has acquired an aquaculture research and development facility in Singapore from Adisseo Asia Pacific Pte. Ltd..