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.
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.
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.
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 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.
New research published in Molecular Plant, a partner journal of Cell Press, suggests that Green Revolution varieties aren’t just high-yielding, they are also better equipped to handle salty soils. That is a big deal, considering roughly 20 percent of the world’s cultivated land is affected by salinity, a creeping problem that stunts growth and cuts yields.
The Chamber of Commerce of the Philippine Islands (CCPI) will hold its ECOMP-P5 Synergy Conference, titled “Actionize the Missions of Economic Compass Pillars 5,” featuring prominent leaders in governance, economic development, and capital markets.
The Metropolitan Bank & Trust Co. (Metrobank) reinforced its dominance in the country’s financial markets after clinching top honors once again at the Philippine Dealing System Annual Awards held March 26 at Makati Diamond Hotel.
Travel through the Philippines’ central gateway continues to evolve as passenger experience becomes a key measure of airport performance across Asia-Pacific.