The Manila Electric Co. (Meralco) is pursuing a pre-feasibility study with American firm Ultra Safe Nuclear Corp. to develop the technology for a micro-modular reactor the country can use before 2028.
Inflation across the Philippines is forecast to range as low as 3.5 percent but should not top 4.3 percent in April in latest simulations conducted by the Bangko Sentral ng Pilipinas (BSP).
The Bureau of the Treasury (BTr) on Monday reported a narrower budget deficit in March as higher tax collection and dividend remittances from government corporations overshadowed the increase in spending.
Property developer SM Prime Holdings Inc. brush aside notions of a slowing China economy, saying the country's neighbor continues to offer a lot of potential as the world’s second largest economy, reports to the contrary notwithstanding.
BDO Unibank Inc. is interested in extending the San Miguel Corp. the funds it requires to take over and rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA) won in a bidding process.