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Vivant completes divestment from Buskowitz Energy

Vivant Corporation announced the successful completion of its divestment from Buskowitz Energy Inc., following the finalization of post-closing requirements and transaction documents by its subsidiary, Vivant Renewable Energy Corp. (VREC).

Senate urged to pass nuclear energy bill amid economic concerns

Department of Energy (DOE) Secretary Raphael Lotilla on Tuesday expressed optimism that the Senate would pass the Philippine National Nuclear Energy Safety Act (PhilATOM) before Congress adjourns in February.

Bank of Commerce launches P5B dual-tranche bonds

Bank of Commerce, the lending affiliate of San Miguel Corp., has launched the public offering for its dual-tranche fixed-rate bonds, aiming to raise at least P5 billion.

Agriculture struggles: Economic decline in Q4 2024 and full year performance

Agricultural production in the Philippines fell by 2.2 percent in the fourth quarter of 2024, marking a reversal from the 0.9 percent increase seen in the same period last year.

EastWest Bank optimistic on corporate sector expansion amid lower interest rates

EastWest Bank is projecting a positive outlook for the corporate sector this year, driven by expected improvements in corporate earnings, lower consumer prices, and a reduction in interest rates by the central bank.

Just in

Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

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.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

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.

SEC urges manufacturers to tap capital markets for expansion

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.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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