San Miguel ready to redeem all P30B series I bond if bondholders decide to fully exercise put option
San Miguel Corp., a diversified company with interest in manufacturing, infrastructure development and power, among others, said it is ready to redeem all or parts of the P30 billion in fixed-rate bonds it issued in 2021 should bondholders exercise their put options.
Philippines needs investment to sustain strong growth—WEF chief
The Philippines will need more investment to develop its young talent pool, critical infrastructure and renewable energy to sustain its robust economic growth and become a formidable player in the world economy, said Borge Brende, president of the World Economic Forum.
House passes PSAC-backed priority bills
A number of legislative proposals addressing the country’s socioeconomic priorities have been passed at the House of Representatives. Tagged as priority bills by President Ferdinand Marcos Jr.’s advisors, and backed by the Private Sector Advisory Council (PSAC), these bills are one step closer to becoming law ahead of the House’s June 2024 deadline for priority proposals.
Global logistics company UPS expanding its Clark operations
Global logistics company UPS has expanded its operations at Clark International Airport (CRK), boosting its presence in the region.
More than a thousand special PUV permits granted to guarantee uninterrupted Holy Week observance
The Land Transportation Franchising and Regulatory Board (LTFRB) has granted special permits to 1,021 public utility vehicles (PUVs) to ensure their availability and allow for uninterrupted travel for Filipinos during the observance of the upcoming Holy Week.
