First Gen Corp., a Philippine-listed independent power producer primarily using clean energy, said Friday recurring net income in 2022 rose 5 percent to $265 million compared with the $252 million posted the previous year, helped by gains in geothermal plants, and wind and solar farms.
Japan, as represented by the Japan International Cooperation Agency (JICA), has agreed to provide technical services to the country’s implementation of the still evolving...
The government on Friday bared final plans to sell so-called retail dollar bonds of up to $3 billion next month as part of the broad plan to support this year’s spending program.
GT Capital Holdings Inc., the holding firm of the Ty group, reported income rising 67 percent in 2022 to P18.4 billion from P11 billion the previous year, due mainly to the performance of its banking unit.
The Australian government launched today its Partnerships for Infrastructure (P4I) program in Manila in support of the country’s drive to build public infrastructures that...
Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.