Tag: Aboitiz

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PCC clears hydro deal with guardrails

The Philippine Competition Commission (PCC) has cleared the proposed sale by the Power Sector Assets and Liabilities Management (PSALM) Corporation of the Caliraya, Botocan, and Kalayaan pumped storage power plants to Cleanergy 9 Power Inc., an Aboitiz Group unit—subject to binding safeguards to protect competition in the Luzon power market.

UnionBank launches P10B bond offer

Union Bank of the Philippines, the country’s 9th largest lender by assets, began the public offering on Wednesday of its latest debt securities—aiming to raise at least P10 billion to support funding needs.

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Shopee expands MSME roadshow to regions

Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.

4PH housing drive reaches thousands, set to accelerate

The Department of Human Settlements and Urban Development (DHSUD) reported that its Expanded Pambansang Pabahay para sa Pilipino (4PH) Program delivered housing assistance to thousands of beneficiaries in the first quarter of 2026, as the agency prepares to speed up implementation nationwide.

Philippines backs WTO reforms, pushes multilateral trade

The Philippines reaffirmed its commitment to multilateralism and pledged continued engagement with members of the World Trade Organization (WTO), even as strains persist across the global trading system.

DTI pushes safety marks to curb fires

The Department of Trade and Industry (DTI) is urging consumers to check for the Philippine Standard (PS) mark or Import Commodity Clearance (ICC) sticker when buying appliances and electronics, as part of efforts to ensure product safety and reduce fire risks.

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