The number of women holding executive positions in listed firms equals 40 percent of companies but they occupy only functional or support roles, a study conducted by Philippine Women’s Economic Network (PhilWEN) and the Philippine Business Coalition for Women Empowerment showed.
Security Bank Corp., the 10th largest lender in the country, said Tuesday it raised P20 billion through the issuance of Fixed-Rate Peso Corporate Bonds due in 2029 that carry an annual interest rate of 6.05 percent.
San Miguel Corporation (SMC) on Monday bared plans to spend up to P5 billion to build a new off-ramp at Terminal 3 of the Ninoy Aquino International Airport (NAIA) from the NAIA Expressway to help ease traffic congestion in the area and improve accessibility to the country's main international gateway.
The Department of Agriculture on Saturday concluded a series of consultations in Calabarzon refining protocols that govern the movement of healthy hogs amid a resurgence of the dreaded African swine fever (ASF), particularly in Batangas.
ACEN Corp., the renewable energy arm of the Ayala Group., said Monday it has signed a memorandum of understanding with GenZero and Keppel Ltd. to jointly explore transition credits for accelerating the retirement of the South Luzon Thermal Energy Corp. coal-fired power plant in Batangas and replace it with a clean energy dispatch facility.
SM Prime Holdings Inc. strengthened its position as one of the country's leading advocates of accessible infrastructure after receiving 14 distinctions at the 31st Apolinario Mabini Awards, reflecting the growing importance of inclusive design in Philippine real estate.
Several transport groups announced Thursday they are canceling their planned transport holiday next week, following the Department of Transportation (DOTr)’s launch of a financial aid and incentive package meant to ease the impact of high fuel prices on public utility vehicle (PUV) drivers and operators.
Universal Robina Corp. (URC), the food business of the Gokongwei group, reported Thursday that its net income for the first half ending June reached P6.91 billion, a 10 percent increase from the P6.27 billion recorded in the same period last year. Total revenues for the six-month period also rose 4 percent to P89.33 billion from P85.88 billion a year earlier.
Electricity prices at the Wholesale Electricity Spot Market (WESM) fell by 13.1 percent nationwide in July, driven by lower overall demand across the country. According to data released by the Independent Electricity Market Operator of the Philippines (IEMOP) during an online briefing, the national spot price dropped to an averaged P8.31 per kilowatt-hour (kWh) as of July 25, down from P9.56 per kWh in June.