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PNOC redeveloping Taguig property

The Philippine National Oil Co. (PNOC) is soliciting proposals for the long-term lease and re-development of a portion of its land holdings at the Bonifacio Global City in Taguig.

Maya dangles 6% return on time deposits

Maya Philippines Inc., the financial technology company backed by the PLDT group, on Tuesday bared an app-based time deposit product offering high returns. It is marketed as ideal for building savings and the efficient management of funds.

Bulk of Filipinos bare ready access to formal credit sources

Eight in 10 Filipinos have access to formal credit options in 2023, according to a new survey commissioned by consumer finance company Digido.

BTr awards in full P30B, 5-year treasury bond at auction

The  Bureau of the Treasury awarded in full the P30 billion in five-year treasury bonds it offered at the auction Tuesday.

Government plans privatizing LRT 2, MRT 3 operations and maintenance in 2025

The Department of Transportation (DOTr) on Tuesday bared plans to privatize the operations and maintenance of Metro Rail Transit Line 3 and Light Rail Transit Line 2  as soon as the lease contract on one of them expires next year. Their proponents, the DOTr said, will be entertained through a bidding process.

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P15-B World Bank loan to boost water access

The Philippines has secured nearly P15 billion in World Bank financing to expand clean water and sanitation services in underserved communities, as growing climate risks heighten concerns over water security.

DOTr invites European investors to join PH transport projects

The Department of Transportation (DOTr) is calling on European businesses to explore investment opportunities in the country’s transport infrastructure, with the goal of better mobility and easier daily commutes for Filipinos.

CALAX nears completion, poised to reshape regional trade

MPCALA Holdings Inc. is advancing the final stretch of the 45-kilometer Cavite-Laguna Expressway (CALAX), bringing closer a continuous transport corridor expected to ease road congestion and improve logistics links across two of Southern Luzon’s key industrial provinces.

EU, PH hold second security and defense dialogue in Manila

The European Union and the Philippines convened their second Security and Defence Dialogue in Manila on today. Both sides reaffirmed their commitment to upholding the rules-based international order and deepened discussions on regional security, with strong focus on maritime security, freedom of navigation and respect for the UN Convention on the Law of the Sea (UNCLOS). The dialogue follows the EU’s announcement of its first European Peace Facility assistance in Asia, a €15 million support package for the Philippines, underscoring the bloc’s commitment to regional stability. The meeting was co-chaired by Benedikta von Seherr-Thoss of the European External Action Service and Philippine Department of Foreign Affairs Undersecretary Leo Herrera-Lim. For Filipinos, this partnership means stronger support for maritime rights, improved regional peace and security, and tangible resources to help keep communities safe.
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