The Philippines is positioning clinical research and life sciences as a potential new high-value growth engine as the Department of Trade and Industry (DTI) works with AstraZeneca to expand clinical trials and attract more health-related investments.
Aboitiz Power Corp. has sold two mothballed power barges to Iloilo-based utility More Electric and Power Corp. (MORE Power), transferring ownership and operational control as the power sector continues to reshape its generation assets.
House Deputy Speaker and Bacolod Rep. Albee Benitez is pushing Congress to grant President Ferdinand Marcos Jr. emergency powers to tackle the Visayas power crisis.
Philippine markets enter Monday under renewed pressure, with the PSEi vulnerable to a test of 5,500 and the peso hovering near P63 to the dollar as investors await September inflation and reassess the outlook for monetary policy.