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Banks open enhanced PESO IRS market, boosting loan pricing transparency

The Bankers Association of the Philippines (BAP) has officially launched the enhanced peso interest rate swap (PESO IRS) market, effective Monday, 18 November.

Metro Pacific Tollways appoints new CEO, focuses on 5-Star service and expansion

The Metro Pacific Tollways Corp. (MPTC) is set to welcome a new president and CEO before the end of the month, marking a significant leadership transition at the country’s leading tollway operator.

New toll rates on SCTEX: Commuters to pay more starting this week

The Toll Regulatory Board (TRB) has approved the second round of toll hikes at the Subic Clark Tarlac Expressway (SCTEX), effective Tuesday, 19 November.

New NAIA Terminal 5 set to boost capacity as upgrades unfold

The newly formed NAIA Infrastructure Corp. (NNIC) is eyeing the completion of a new passenger terminal at Ninoy Aquino International Airport (NAIA) in three to four years to increase the airport's capacity and improve the overall passenger experience.

Philippines unveils M.I.C.E. Program at IBTM World 2024

The Philippines continues to solidify its status as a leading destination for business events with the launch of its “M.I.C.E. Philippines: We Take Your Business to Heart” program at the IBTM World 2024 in Barcelona.

Just in

Marcos hikes corn import quota amid projected supply shortfall

President Ferdinand Marcos Jr. has more than doubled the Philippines’ minimum access volume (MAV) for corn to 500,000 metric tons (MT) in 2026, allowing additional imports in a bid to ease feed costs and limit potential increases in pork and poultry prices.

AC Health, US partner plan Pasig hospital project 

Ayala Corporation’s healthcare arm AC Health and US-based healthcare operator Bon Secours Mercy Health (BSMH) are planning a flagship hospital campus in Pasig City, a proposed investment that could help keep more Filipinos’ healthcare spending in the country by expanding access to advanced medical treatments locally.

Condo payment shock fuels cancellations as Metro Manila inventory stays high

Metro Manila’s condominium market continues to grapple with persistent oversupply as buyers withdraw from purchases when monthly payments jump sharply upon transitioning from developer financing to bank loans.

Isuzu launches D-MAX LS 4×2 AT at P1.549M

Isuzu Philippines Corp. (IPC) has expanded its pickup truck lineup with the launch of the D-MAX LS 4x2 AT, offering the new variant at an introductory price of P1.549 million until December 31, 2026.
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