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PSALM qualifies 7 of 14 bidders of Casecnan Hydroelectric

The Power Sector Assets and Liabilities Management Corp. (PSALM) on Tuesday said only seven of 14 companies have qualified as bidders for the privatization of the 165 megawatt (MW) Casecnan Hydroelectric power plant.

SMC airport unit rolls out cash, food assistance for fisherfolk in Cavite towns

San Miguel Corp. (SMC) has rolled out a P500 million financial assistance program for fisherfolk families in Rosario, Tanza, Naic, and Ternate in Cavite...

DoubleDragon launches another tap offering on $160 million bonds

DoubleDragon Corp., a property developer diversifying into hospitality, has launched a tap offering on $160 million senior guaranteed notes maturing in 2025. The company’s wholly owned...

Fitch unit rules out regulatory hitch in PLDT-SkyCable deal

CreditSights, a unit of the Fitch Group, has ruled out "major hurdles" to the multibillion-peso transaction between PLDT Inc. and the Lopez Group over...

BIR wants license of erring accountant revoked

The Bureau of Internal Revenue (BIR) wants the Professional Regulation Commission (PRC) to revoke the professional license of an accountant allegedly involved in a...

Just in

PH, Japan sign loan deals for subway and Mindanao highway projects

The Philippine government and Japan on Friday signed agreements for major infrastructure projects aimed at boosting the country’s economy and improving transportation.

BSP flags fake online article using governor’s identity

The Bangko Sentral ng Pilipinas (BSP) has warned the public about a fraudulent online article that misuses the name and likeness of its governor, Eli M. Remolona, Jr..

New NAIA off-ramp cuts travel time by up to 25 minutes

Motorists heading to Ninoy Aquino International Airport (NAIA) Terminal 3 can now reach the terminal faster with the opening of a new off-ramp connecting the Skyway directly to the NAIA Expressway.

Philippine exports extend rally as risks mount

The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.
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