The Philippines and the US are targeting a groundbreaking within the year for a planned 4,000-acre Economic Security Zone in the industrial district of New Clark City, according to Joshua Bingcang of the Bases Conversion and Development Authority.
Manila Electric Co., the country’s largest power distributor by sales, and its unit, Corporate Information Solutions Inc., have agreed to sell their combined stake in CIS Bayad Center Inc. to Kayana Solutions Inc., which currently holds a 10 percent stake in the outsourced electronics payments service provider.
Filinvest Land Inc. is returning to the capital markets in May with a dual-tranche, fixed-rate bond offer totaling up to P11.57 billion, combining a base offer of P9 billion and an oversubscription option of P2.57 billion.
In an archipelago where a delivery route could involve a truck a ferry and a plane sometimes all before lunch, 2GO Group is betting that complexity could become an advantage rather than a constraint.
The 72nd Japan Self-Defense Forces Day Reception was held at the Japanese Ambassador’s residence in Manila, bringing together key officials to celebrate the occasion and reinforce growing defense and security ties between Japan and the Philippines.
The Philippine Economic Zone Authority (PEZA) is turning to energy management technology to help businesses cut electricity costs, reduce waste and sharpen the competitiveness of the country’s economic zones.
More than 30 members of the Tagbanua Tandulanen Indigenous Cultural Community from 11 El Nido barangays recently took part in disaster preparedness training organized by PLDT Inc. and Smart Communications. Held alongside work on the Palawan Resiliency Submarine Cable Project, the effort underscores that stronger connectivity goes hand in hand with stronger communities.
Megaworld Corp. and Federal Land Inc. are preparing separate partnerships with Pag-IBIG Fund to widen access to affordable homes, adding two major property players to the government’s expanding housing drive.