The Aboitiz Group expects to soon close its P13.7-billion infrastructure deal with Global Infrastructure Partners (GIP), a unit of BlackRock, as the group moves to bring a major global investor into its infrastructure business.

Treasury bill yields rose across all maturities at Monday’s auction as the Bangko Sentral ng Pilipinas’ recent rate hike pushed borrowing costs higher and investors braced for the possibility of further monetary tightening.

Aboitiz InfraCapital is working with airlines to make new international routes commercially viable as it positions its airports for stronger year-end traffic, focusing on Asian markets that can deliver sustainable passenger flows.

The Philippines’ push for an ASEAN oil stockpiling mechanism is gaining momentum, with five countries signaling support for a regional system designed to cushion members from future supply disruptions, Trade Secretary Cristina Roque said.

The Marcos administration is seeking P197.3 billion for rail projects in 2027, with nearly all of the proposed spending concentrated on two major lines aimed at easing congestion and improving access to jobs and economic centers.

A P3.2-billion mixed-use development by SM Prime Holdings Inc.’s Premier Central Inc. is set to expand private-sector investment in Clark Freeport Zone, adding commercial space and supporting new jobs along one of the area’s key business corridors.

DENR Secretary Juan Miguel “Mitch” Cuna is boosting local governments’ capacity against rising climate threats—including floods, landslides, and wildfires—by expanding use of the Provincial Climate Risk Diagnostic (PCRD) Tool. Designed for evidence-based planning aligned with national climate goals, the tool helps provinces assess hazards, vulnerability, and risks to communities, infrastructure, and ecosystems, while guiding priority investments and long-term strategies up to 2050. Flexible for all data readiness levels, it also supports nature-based solutions like mangrove restoration.

Grandsun Advanced Electronics (Philippines) Co. Inc. plans to hire about 5,000 workers as it expands production and begins making a new product at its LIMA Estate facility in Batangas, Trade Secretary Cristina Roque said.

Corals may have found an unlikely ally in the fight against climate change: bacteria.