Globe Telecom, Inc. on Friday signed a term loan agreement with BDO Unibank, Inc. for P20 billion to finance its capital expenditures, pay obligations and other corporate requirements.
The Philippine Coast Guard (PCG) is on heightened alert and has intensify security measures in seaports to ensure the safety of passengers during the Yuletide Season.
The unemployment rate in October eased to 4.2 percent, matching the rate in November last year, as agriculture generated around 400,000 jobs compared with the level in September to more than make up for the slack in services and industry.
One Meralco Foundation (OMF), the corporate social responsibility arm of Meralco, has partnered with water concessionaire Maynilad Water Services, Inc. to strengthen reforestation initiatives for the Angat-Ipo watershed, a primary source of raw water in Manila.
Philippine manufacturing operations further strengthened in November, bolstered by sustained and stronger expansion in output and new orders and the slowing of input price inflation.
Filipino investors are increasingly looking beyond domestic markets as inflation, peso weakness and market volatility fuel demand for broader diversification, with offshore assets now accounting for about 15 percent to 20 percent of BPI Wealth’s assets under management (AUM).
Nestlé Philippines and Puregold Price Club Inc. are giving millions of used plastic sachets a second life as retail display materials, putting circular-economy practices directly into supermarket aisles while cutting demand for virgin materials and reducing distribution trips.
Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.
Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.