Infrastructure projects seen boosting H2 growth
The Marcos administration expects a pickup in infrastructure spending to provide fresh momentum for the economy in the second half of the year as public works projects delayed by government reviews gradually resume.
Overstaying cargo seen as root of port congestion
The country's persistent port congestion stems less from empty containers than from thousands of overstaying laden boxes occupying valuable terminal space, according to the Association of International Shipping Lines (AISL), which is urging faster action from the Bureau of Customs (BOC).
VinEnergo, SunAsia seal $1.5B Philippine solar venture
Vietnam's VinEnergo and Philippine renewable energy developer SunAsia Energy Inc. have forged a strategic partnership to develop three large-scale solar projects worth more than $1.5 billion in projected lifetime revenues, underscoring growing regional investment in the country's clean energy sector.
SB Finance broadens healthcare lending to expand access
SB Finance is expanding its healthcare financing business with new lending products for doctors and a wider patient financing network, signaling a growing opportunity for consumer lenders as healthcare costs continue to rise.
ERC: PH renewable energy targets at risk, but reforms boost progress
The Energy Regulatory Commission (ERC) said the Philippines may struggle to meet its renewable energy (RE) goals at the current development pace, though recent regulatory changes have already improved conditions.
