Top News
Foreign debt rises 10.4% at end-June to US$117.92 billion
The country's foreign debt stood at US$D130.18 billion as of end-June 2024, up by US$D1.49 billion or 1.2 percent from the USD128.69 billion as of end-March 2024.
Aternergy presses forward with target to hit 500 MW capacity by 2026
Alternergy Holdings Corp., a leading player in the renewable energy sector, is making significant strides toward its goal of reaching a 500-megawatt capacity by 2026.
MacroAsia streamlining food group operations
MacroAsia Corp., the aviation-support services business of the Lucio Tan Group, said Friday that MacroAsia Catering Services Inc. has decided to declare property dividends in the form of shares in its two operating units as part of a restructuring move to streamline the operations of the listed company’s food group.
Philippines affirms infrastructure, resilience commitment at World Planning Congress
The Philippine government reinforced its commitment to improving infrastructure, advancing social development, and boosting community resilience at the 60th World Planning Congress, with Economic Planning Secretary Arsenio M. Balisacan highlighting the crucial role of strategic development planning in achieving the national long-term vision dubbed Ambisyon Natin 2040.
Foreign direct investment falls 29 percent in June to USD394M—BSP data
Foreign direct investments in June declined 29 percent to USD394 million from USD555 million in the year-earlier period, data from the Bangko Sentral ng Pilipinas showed.
