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PNB eyes $300 million via offshore debt issuance

The Philippine National Bank is looking to raise at least USD300 million—around P17.5 billion—in fresh capital through a medium-term bond issuance.

TRB seeks clarity on apparent SMC deferment of the PAREX project

The Toll Regulatory Board (TRB) has put the Pasig River Expressway (PAREX) project on hold after San Miguel Corp. scrapped the plan due to environmental...

Alsons vows Avia Estate unit completion within the year

Property developer Alsons Development and Investment Corp. has committed to complete 50 of the 200-unit Narra Park Residences Avia still under construction within the year.  The...

GERI spending P5 billion to develop 150-hectares in Batangas

Global-Estate Resorts Inc., a unit of Andrew Tan’s Megaworld Corp., is setting aside P5 billion over 10 years to develop a 150-hectare beachside property in Lian, Batangas.

PFDA reports record fish catch in April

The volume of fish unloaded at the various regional fish ports stood 34.7 percent higher in April, the Philippine Fisheries Development Authority (PFDA) said.

Just in

DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.
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