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Manila Water secures P10B loan from Metrobank

Manila Water Co. Inc., has secured a 10-year P10 billion term loan facility with the Metropolitan Bank and Trust Co. to finance its capital projects this year and next.

Philippines agricultural trade deficit narrows to $2.97B in third quarter

The Philippines remained a net importer of agricultural products in the third quarter, recording a narrower USD2.97 billion deficit in the trade of farm goods, with Filipino consumers effectively enriching farmers in Australia, the US, and other countries in Southeast Asia.

DA launches updated agricultural suitability map

The Department of Agriculture (DA) has released the updated version of its National Color-Coded Agricultural Guide (NCCAG) map seen to further help increase farmer...

Basic Energy secures service contract for Ilocos North wind farm project

Basic Energy Corp. on Thursday received from the Department of Energy the approved service contract for its planned wind farm in Ilocos Norte, a...

OwnBank offers depositors interest savings up to 8% per annum

Cavite-based OwnBank seeks to boost its depositors' money management by extending more rewarding and secure financial solutions. 

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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