Public Works Secretary Vince Dizon on Friday announced that he will meet with the Anti-Money Laundering Council (AMLC) next week to discuss the freezing and eventual seizure of assets belonging to individuals allegedly involved in corruption tied to the Department of Public Works and Highways’ (DPWH) flood control projects.
Japanese investors gave a strong vote of confidence in the Marcos Jr. administration’s economic agenda during the Philippine Economic Briefing (PEB) held in Osaka, which drew over 280 investors and guests.
BBDO Unibank, Inc. has been appointed as the trustee for the Social Security System’s (SSS) Balanced Fund mandate, marking a significant step in the agency’s efforts to safeguard and grow pension funds for Filipino workers and retirees.
Aboitiz Equity Ventures Inc. (AEV), a major shareholder in Coca-Cola Europacific Aboitiz Philippines (CCEAP), has marked a significant milestone with the groundbreaking of CCEAP’s new 42-hectare manufacturing facility at TARI Estate in Tarlac City—one of the largest Coca-Cola plants globally and among its most substantial infrastructure investments to date.
Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.
Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).
The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.