Aboitiz InfraCapital secures Bohol-Panglao Airport operations following unsuccessful Swiss Challenge
The Department of Transportation (DOTr) is set to award Aboitiz InfraCapital Inc. the contract to operate and maintain (O&M) the Bohol-Panglao International Airport after the Swiss Challenge process failed to generate competing proposals.
SEC secures court conviction of Emgoldex operators
The Securities and Exchange Commission (SEC) successfully secured the conviction of key individuals behind Prosperous Infinite Holdings Phils. Corp. (PIHPC), the operator of the controversial Emgoldex Philippines investment scheme.
Philippine Airlines Q3 profit drops 87%, sees challenges in business environment
The Philippine Airlines (PAL) reported a significant drop in net income in the third quarter this year, posting only USD13 million, a sharp 86.7 percent decline from USD98 million in the same period last year.
Meralco power rates up in November on weaker peso
Manila Electric Co., the country’s largest power disturber better known as Meralco, on Tuesday said power rates in November will be higher as generation charge increased due primarily to a depreciation of the peso against the U.S. dollar.
Philippines secures grant for animal health and agricultural resilience
The Philippines has been selected as one of 50 countries to receive a Pandemic Fund Grant aimed at strengthening the country's ability to prevent, detect, and respond to future health crises, particularly those affecting animals and humans alike.
