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IFC ramps up climate finance support in Phl

Banking & Insurance Context.ph Context.ph -
The International Finance Corporation (IFC), a member of the World Bank, has agreed to invest $250 million in a green bond to be issued...

Double-digit loan growth bolsters RCBC 1H net income to P6.2 billion

Corporate Context.ph Context.ph -
Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, said Thursday it posted a P6.2 billion net income in the first half, driven...

Bulacan flooding long a problem way before airport construction – RSA

Environment Context.ph Context.ph -
Ramon S. Ang, SMC president and chief executive, said floods in Bulacan have been a major problem long before government approved the airport’s construction just north of Metro Manila. 

All-weather product portfolio helps CNPF deliver first-half income 8% higher 

Corporate Context.ph Context.ph -
The Po family-led canning enterprise Century Pacific Food Inc. reported income in the first half rising 8 percent to P3.19 billion from last year’s...

BPI secures IFC commitment to $250 million in lender’s green bond issue

Banking & Insurance Context.ph Context.ph -
The International Finance Corp., a member of the World Bank, will invest USD250 million in a green bond that the Bank of the Philippine...
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PH leads push to scale up global loss and damage funding as demand far outstrips available aid

Environment 0
The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

Energy & Mining 0
The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

Energy & Mining 0
The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Social Responsibility & Sustainability 0
Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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