Budget deficit widens in June on higher spending, slower revenue growth
The budget deficit widened to P241.6 billion in June, up 15.6 percent from P209.1 billion last year as spending outpaced revenue growth, the Bureau of the Treasury said on Thursday.
Basic Energy to allot P300M for RE project pre-development
Basic Energy Corp. is preparing to invest up to P300 million over the next two to three years to fund pre-development activities for its solar and wind energy projects, according to company president and CEO Oscar De Venecia Jr.
Ayala Group retains spot in FTSE4 benchmark
Ayala Corp. and key subsidiaries ACEN Corp., Ayala Land Inc., Bank of the Philippine Islands (BPI), and Globe Telecom Inc. have maintained their inclusion in the FTSE4Good Index Series, reaffirming their commitment to robust environmental, social, and governance (ESG) standards.
DPWH boosts safety, speed as Davao tunnel project nears milestone
The Department of Public Works and Highways (DPWH) is accelerating construction on the landmark twin-tube mountain tunnels of the 45.5-kilometer Davao City Bypass Construction Project, with a strong focus on safety and timely delivery.
70 flights cancelled amid twin storms Dante, Emong
The Civil Aviation Authority of the Philippines (CAAP) on Thursday reported additional flight disruptions due to adverse weather conditions brought about by Tropical Storm Dante and severe Tropical Storm Emong.
