Tag: 2023 General Appropriations Act

The ASEAN+3 Macroeconomic Research Office (AMRO) has sharply cut its Philippine growth forecasts for 2026 and 2027, leaving the economy trailing most of its Southeast Asian peers as inflation, weak investment and external pressures constrain activity.

Ayala Malls is scaling up its rooftop solar installations across its properties, accelerating the move toward renewable energy as it builds more sustainable spaces.

Toshiba Corp. is preparing a major three-year expansion of its hard disk drive manufacturing operations in the Philippines, potentially adding 3,000 jobs as rising demand for data storage strengthens the country’s role in the global technology supply chain.

Citicore Renewable Energy Corp. (CREC) is accelerating investments in solar power, battery energy storage systems (BESS) and integrated renewable projects after reaching 1 gigawatt (GW) of installed capacity, setting its sights on a 5-GW portfolio within five years.