BPI extends ₱7.4B funding for major solar project in Zambales
The Bank of the Philippine Islands (BPI) has signed a ₱7.4 billion project finance deal with AP Renewable Energy Corp., a subsidiary of Aboitiz Renewables, Inc., to fund a 221-MWp solar power plant in Olongapo, Zambales.
BSP tightens rules on large cash transactions
The Bangko Sentral ng Pilipinas (BSP) has issued new regulations requiring that large cash transactions exceeding ₱500,000 (or its foreign currency equivalent) be processed through traceable financial channels, as part of efforts to combat money laundering and enhance financial system integrity.
Experts warn of rising security threats in Indo-Pacific, Europe
Security risks in Europe and the Indo-Pacific are growing more complex and dangerous due to gray zone tactics, cyberattacks, lawfare, and disruptive emerging technologies, global experts warned at a high-level forum held in Manila this week.
Bataan declared bird flu-free after three years of outbreaks
The Department of Agriculture (DA) has officially declared Bataan free from highly pathogenic avian influenza (HPAI), marking a major recovery milestone for one of Central Luzon’s key poultry-producing provinces.
Del Monte seeks PSE lifting of trading suspension
Del Monte Pacific Limited (DMPL) said Friday it has asked the Philippine Stock Exchange (PSE) to lift the trading suspension imposed earlier this week after its external auditor issued a disclaimer of opinion on the company’s latest financial statements.
