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.
Indonesia ranks among Duolingo’s five fastest-growing global markets by daily active user growth, reflecting huge national demand for language learning. CEO Luis von Ahn confirmed this during talks with Indonesian creator Raditya Dika at Duolingo’s New York office, saying “We’re very interested in the Indonesian market” and highlighting plans to expand English, Chinese, Japanese, Korean and other language courses for local users.
The Philippine Economic Zone Authority (PEZA) is exploring a 24-hour satellite office at the FedEx Philippines Gateway in Clark as it seeks to speed up export processing and reduce regulatory bottlenecks for time-sensitive shipments.
In 1986, the Philippines stood at a historic crossroads. Fresh from the People Power Revolution, the country embraced a vibrant democratic morning with a distinct economic head start in Southeast Asia. Across the South China Sea, Vietnam was in dire straits—reeling from decades of war, international isolation, and hyperinflation. Yet that very year, Hanoi launched Doi Moi, an ambitious series of economic reforms meant to transition from a rigid command economy toward a more market-driven system.