BDO backs ₱50B Prime Infra deal for First Gen gas assets
BDO Unibank has led a ₱50-billion financing deal that allowed Prime Infra to acquire a 60 percent controlling stake in the gas assets of First Gen Corporation, marking one of the country's biggest energy transactions in recent years.
Debt alarm rings as fiscal choices narrow
The Philippine government may soon be forced to confront tough fiscal trade-offs as national debt levels move further beyond what economists consider sustainable, a former Bangko Sentral ng Pilipinas (BSP) official warned.
PCC clears hydro deal with guardrails
The Philippine Competition Commission (PCC) has cleared the proposed sale by the Power Sector Assets and Liabilities Management (PSALM) Corporation of the Caliraya, Botocan, and Kalayaan pumped storage power plants to Cleanergy 9 Power Inc., an Aboitiz Group unit—subject to binding safeguards to protect competition in the Luzon power market.
Cheap wheels, costly consequences loom large
Gray-market vehicles may look like bargains, but the Auto Body Manufacturers Association of the Philippines (ABMAP) says their true price is paid in safety risks, lost jobs, and billions in foregone public revenue.
Cebu Landmasters revives histroic Visayan landmark
Cebu Landmasters Inc. (CLI), the leading property developer in the Visayas and Mindanao, has officially opened the newly redeveloped Patria de Cebu, a mixed-use complex that blends heritage preservation with modern commercial use in downtown Cebu City.
