Tag: balance of payments

Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has signed a cooperation agreement with the United Professional Electrical Engineers of the Philippines (UPEEP) to raise professional standards in electrical engineering.

GCash is widening its digital philanthropy platform after raising more than P8 million for earthquake relief efforts in Mindanao and adding 14 new non-government organizations (NGOs) to its in-app donation hub, GBayanihan.

The Philippines has become the first country in Asia and the Pacific to secure readiness funding under the Green Climate Fund's (GCF) second replenishment cycle, winning a USD6.78 million grant that is expected to strengthen its ability to attract larger climate investments in the years ahead.

The International Finance Corp. (IFC) is investing USD100 million in Union Bank of the Philippines through the bank's inaugural sustainability bond, marking another step in efforts to deepen the Philippine capital market while expanding financing for micro, small and medium-sized enterprises (MSMEs) and environmentally sustainable projects.