The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30.
As the Senate prepares for the impeachment proceedings against Vice President Sara Duterte, experts are emphasizing the vital role of accountability in sustaining political stability and public trust in the Philippines.
The economic managers have engaged civil society organizations (CSOs) to help refine the interagency Development Budget Coordination Committee (DBCC) process. This has reference to that unit setting the government's macroeconomic assumptions, fiscal targets, budget ceilings, revenue projections, and borrowing ceiling and convened in keeping with President Ferdinand R. Marcos Jr.'s push for greater transparency, inclusivity, and stakeholder participation in national budgeting.
Chicken production in the country reached 550.50 thousand metric tons, in liveweight terms, in the first quarter of 2025, an 8.7 percent year-on-year increase from 506.28 thousand metric tons in the same period last year, data from the Philippine Statistics Authority showed.
The Philippine Stock Exchange said Friday it has partnered with partnered with Nasdaq to implement the Nasdaq Eqlipse Trading platform, a significant upgrade in trading infrastructure, aimed at enhancing market liquidity, technological resilience, and investor confidence.
Local renewable energy firm NexGen Energy Corp., through its unit 5hour Peak Energy Corp., has secured a certificate of authority (COA) from the Department of Energy to pursue a floating solar power project in Caliraya Lake, Laguna.
The Energy Regulatory Commission (ERC) has eased the public listing requirements for power generation companies and electric distributors, streamlining compliance with a key provision of the Electric Power Industry Reform Act (EPIRA).
The Department of Transportation (DOTr) has officially invited local and foreign firms to participate in the bidding for the operations and maintenance (O&M) of the North-South Commuter Railway (NSCR) through a Public-Private Partnership (PPP) arrangement.
SPC Power Corp. unit SPC Island Power Corp. (SIPC), has signed contracts to develop battery energy storage systems (BESS) in Panay and Bohol with a combined capacity of 160 megawatt-hours (MWh).