Tag: Asian Development Bank (ADB)

Tanduay, one of the Philippines’ most awarded rum brands, is expanding its European footprint with a new distribution partnership in Denmark, strengthening its push into premium spirits markets across the region.

The Manila Electric Co., the country’s largest power distribution better known as Meralco, and the Electric Vehicle Association of the Philippines (EVAP) are ramping up efforts to accelerate electric vehicle adoption, reaffirming a partnership seen as critical to building a sustainable transport future.

Philippine vehicle sales slipped 1 percent in the first 11 months of 2025, but industry leaders are betting on a strong December finish to push the market closer to record territory.

The Thunder Consortium has secured P35 billion in bridge loan facilities from BDO Unibank Inc. and Metropolitan Bank & Trust Co. to help finance its acquisition of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex.