The Department of Transportation (DOTr) on Monday said San Miguel Corporation (SMC) is on track to complete the first phase of the Southeast Metro Manila Expressway (C6), or the C6 Expressway, within the next two to three years.
The average rate on Treasury bills continued to decline at Monday's auction, guided down by strong demand that enabled the Bureau of the Treasury (BTr) to increase its borrowing.
The Ayala Group will host the 2025 board meeting of the US–Philippines Society in Manila from 10 to 11 February, marking a significant private sector-led forum focused on the economic and diplomatic ties between the two nations.
The Power Sector Assets and Liabilities Management Corp. (PSALM) has received a P473.17 million bid for the privatization of the Maibarara property, a key energy asset located in Batangas and Laguna. The lone bidder, Maibarara Geothermal Inc. (MGI), met the minimum bid price during the auction held on 30 January.
The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.
The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.
For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.