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The rate on seven-year bonds averaged higher to 6.229 percent at the auction held by the Bureau of the Treasury on Tuesday. Bid rates range from 6.20 percent and 6.35 percent.

The Philippines’ statistical system has been ranked second most robust in Southeast Asia, behind Singapore, in the recently released 2022 statistical performance indicators of the World Bank, a framework that assesses the maturity of national statistical systems.

Citicore Energy REIT Corp., the country’s first and largest renewable energy real estate investment trust, said Tuesday net income last year rose 12 percent...

Clean energy provider First Gen Corporation has identified several areas around its hydroelectric power plant complex in Pantabangan, Nueva Ecija, which the Lopez-led power company considers potential sites for developing solar and wind farms, as well as a battery energy storage system (BESS).

Filinvest Land unit leases 14-story Buendia tower to DTI Corporate Filinvest Cyberparks Inc., the office business arm of listed property unit Filinvest Land Inc., said Tuesday it leased a grade-A building in Buendia to the Department of Trade and Industry. DTI leased Filinvest Cyberparks’ 10,688.4-square-meter, 14-story building as part of its plan to consolidate its various operating units, aiming to improve efficiency and convenience for its employees and the public. "Filinvest Land is committed to providing top-tier facilities and services that empower organizations to thrive. Through this partnership, we aim to support DTI in its mission to deliver exceptional public service and to contribute to the advancement of our nation’s economic landscape. We are grateful for their trust and confidence in our company," said Filinvest Land president and chief executive officer Tristan Las Marias. The building will have five passenger elevators ensuring seamless movement, a Variable Refrigerant Flow air conditioning system for energy efficiency, and robust emergency power supply. Enhanced security measures, including turnstiles and a Visitor Management System, will be installed to ensure a safe environment. An al fresco space on Jupiter Street provides an outdoor ambiance amid the urban landscape. "Filinvest Buendia provides an optimal environment for our operations, enabling us to enhance our services and better serve the Filipino people," said DTI Assistant Secretary and Supervising Head of the Management Services Group, Atty. Agaton Uvero. DTI's functional groups, including the Office of the Secretary, Competitiveness and Innovation Group, Consumer Protection Group, and the Communications Office, are the ones set to relocate to Filinvest Buendia. Financial details of the lease agreement weren’t disclosed.