Manila Water pouring P37.3B in a three-river wastewater treatment masterplan
Manila Water Co. Inc. is investing P37.3-billion in a three-river system wastewater masterplan designed to rehabilitate and protect natural waterways while providing its customers with the best sanitation and sewerage services.
Money-making fraudsters make it to SEC notorious list
In a series of public advisories, the SEC warned against investing in Flipkart Platform, PPG Investment Group/Conamor Shop, Livewell Multiventures, Blackrock and Perfx Solutions Corp. and Trading Basket and Trading Philippines.
Megawide secures precast contracts with Phirst Park Homes
Listed firm Megawide Construction Corp. has secured so-called supply-and-build contracts beneiting affordable residential developer Phirst Park Homes Inc. which is pursuing projects in areas around Luzon.
Cebu Pacific plans P42B capex in 2023, eyes return to profitability
Cebu Air Inc., which owns the country’s largest budget carrier Cebu Pacific, told the Philippine Stock Exchange on Thursday it has budgeted P42 billion as capital expenditures this year, most of which will fund aircraft purchases.
GDP expands 7.6% in 2022, fastest in nearly 50 years
The Philippine economy expanded in 2022 by 7.6 percent, exceeding the government’s target and thus far the fastest growth among emerging Asian economies, helped by strong consumer consumption amid a so-called “revenge spending” and a robust services sector.
