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Number of women in executive positions rising

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 raises P20 billion from fixed-rate bond due 2029; bonds listed on PDEx

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.

SMC begins building new Terminal 3 off-ramp at NAIA Expressway

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.

DA completes consultation on movement protocols of healthy pigs from ASF red zones

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, GenZero, Keppel in Transition Credits deal for South Luzon coal plant retirement

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.

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Ticket costs rise October 1–15 as CAB hikes fuel surcharge

Airline tickets will cost more in the first half of October after the Civil Aeronautics Board (CAB) raised fuel surcharges in response to steeply rising jet fuel prices. In an official advisory, the CAB announced both domestic and international passenger and cargo fuel surcharges will move to Level 17 from October 1 through 15, up from Level 14 applied during the latter half of September.

SMPC pushes for fair, capability-based bidding rules for coal sites

Semirara Mining and Power Corp. is calling on the Department of Energy to ensure fair process in updated bidding rules for pre-identified coal areas, stressing bidders must be pre-qualified on technical skill, experience, and financial strength.

PEZA, BEZA advance ecozone plans in Bangsamoro provinces

The Philippine Economic Zone Authority (PEZA) and Bangsamoro Economic Zone Authority (BEZA) are moving to develop proposed economic zones in Tawi-Tawi, Basilan and Maguindanao del Norte, potentially opening new investment and job opportunities across the Bangsamoro region.

DOJ backs Filipino use in court to expand access

The Department of Justice (DOJ) is backing broader use of Filipino in court proceedings, saying greater access to the national language could help close the gap between the justice system and ordinary Filipinos.

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