The National Food Authority (NFA) has a new officer-in-charge of its daily operations interrupted by revelations of alleged anomalous sale of government procured rice stock to traders.
The Metropolitan Waterworks and Sewerage System (MWSS) warned of night time interruptions in some areas in Metro Manila in April if the allocation from Angat Dam is reduced to 48 cubic meters per second from 50 CMS.
Renewable energy developer Alternergy Holdings Corp. has awarded China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI) and its local subsidiary, GEDI Construction Development Corp., the contract to build wind farms in the province of Quezon and Rizal.
Projects endorsed under the government’s Green Lane Initiative are beginning to transition from approvals to execution, signaling early traction in the Philippines’ efforts to accelerate strategic investments across priority sectors.
Metro Manila, the country’s main economic and cultural center contributing 31.2 percent of national GDP, is seeing a major boost in digital connectivity as Globe accelerates network upgrades across the region.
Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, has raised a record P20.5 billion from its Series G ASEAN Sustainability Bonds, underscoring strong investor appetite for Environmental, Social, and Governance-linked debt despite a volatile rate environment.
Prime Media Holdings, Inc. has secured regulatory approval to streamline its capital structure, following the retirement of a class of preferred shares.