The Japan government and the Food and Agriculture Organization of the United Nations (FAO) have launched a two-year program to strengthen aquaculture and fisheries in the Bangsamoro Autonomous Region in Muslim Mindanao(BARMM), a region seen as one of the Philippines’ most promising areas for fish production.
The Bank of the Philippine Islands (BPI) has listed ₱50 billion worth of “BPI Supporting Individuals Grow, Lead, and Achieve” (SIGLA) bonds on the Philippine Dealing & Exchange Corp. (PDEx), marking the bank’s largest peso bond issuance to date.
Security Bank Corp. has partnered with Toyota Auto Auction (TAA) to strengthen the sale of its repossessed vehicles through a professional and transparent auction platform.
The Pharmaceutical and Healthcare Association of the Philippines has escalated concerns over protracted Health Technology Assessment (HTA) timelines, warning regulators that delays are slowing Filipinos’ access to life-saving medicines and tying up scarce public funds.
Mediterranean Shipping Company has fired a fresh shot across the Pacific trade lanes, launching its new Eagle service at Melbourne’s Victoria International Container Terminal, tightening links between Australia, New Zealand and the U.S. East Coast.
The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.
Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.
ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.
The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.