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.
Mitsubishi Corp.‘X planned USD700-million investment in Ayala Corp. could help accelerate infrastructure, energy, logistics and digital projects under the Luzon Economic Corridor (LEC), deepening Japanese participation in the Philippines’ industrial development while raising expectations for stronger private-sector investment.
Cebu Pacific (CEB) has officially welcomed its 15th Airbus A330neo aircraft, cementing its standing as the largest operator of this aircraft type across Asia and bringing another modern, fuel-efficient plane into its growing fleet.
Improvements at the LRT-1 PITX Station are now fully in place, with the Light Rail Manila Corp. (LRMC) confirming all upgrades fully implemented as scheduled by the end of the fourth quarter this year.
The Philippines is turning to the Asian Development Bank for a proposed $875.64-million loan to fund the second phase of the Improving Growth Corridors in Mindanao Road Project, focused on boosting road connectivity across the region.