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$303M ADB loan to boost flood resilience in river basins

The Asian Development Bank (ADB) has approved a $303 million loan to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines, one of the most vulnerable countries to the effects of climate change and disasters caused by natural hazards.

Budget airline seeks more airport slots to serve an expanding market

AirAsia Philippines on Wednesday bared eyeing additional airport slots to service more flights to Visayas and Mindanao.

Vista Land plans to raise P35B through bond sale over 3 years

Vista Land & Lifescapes Inc. said Wednesday its board approved a plan to raise P35 billion through the issuance of fixed-rate, peso-denominated bonds within three years.

San Miguel plans to raise P65B via sale of preferred shares

San Miguel Corp. is looking to raise P65 billion through the public offering of 866.7 million series 2 preferred shares within the next three...

Maynilad budgets P3B to upgrade aging STPs over five years

Maynilad Water Services Inc, the country's largest water concessionaire, has budgeted P3 billion for the construction of 18 new sewage treatment plants (STP) and upgrade 17 more existing STPs over the next five years.

Just in

Philippines, Singapore modernize tax treaty to boost investment

The Philippines and Singapore have concluded negotiations to modernize their nearly five-decade-old tax treaty, potentially giving businesses greater certainty on cross-border transactions as economic ties between the two countries deepen.

Semirara cuts workforce as seawater threatens Acacia mine

Semirara Mining and Power Corp. is scaling back operations at its Acacia mine as rising seawater inflows strain pumping capacity and threaten access to the mine’s remaining coal reserves.

Shell, Landers link fuel and retail membership perks

Shell Pilipinas Corp. and Landers Superstore are combining their fuel and retail networks under a strategic partnership aimed at expanding customer reach while extending membership benefits across fuel purchases and everyday shopping.

BDO Insure unveils first-ever racket sports insurance

BDO Insure has launched the nation’s first dedicated Racket Sports Insurance, an affordable plan starting at just ₱1,199 per year designed specifically for enthusiasts of all skill levels.
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