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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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Bank lending surges while money supply growth cools slightly 

The Bangko Sentral ng Pilipinas (BSP) reported a pick-up in bank lending activity alongside a slight cooling in overall money supply expansion for July, signaling continued economic momentum driven by robust borrowing.

Philippine jobless rate up as more seek jobs

The Philippine labor market took a sharper turn in July as unemployment climbed to 6.0 percent, even as more Filipinos entered the workforce, pointing to a widening gap between the number of people seeking jobs and available opportunities.

ASEAN oil stockpiling plan gains support from five countries

The Philippines’ push for an ASEAN oil stockpiling mechanism is gaining momentum, with five countries signaling support for a regional system designed to cushion members from future supply disruptions, Trade Secretary Cristina Roque said.

PH data centers eye catch-up with Singapore, Malaysia

The Philippines has room to narrow its data center gap with Singapore and Malaysia, with abundant land, expanding power capacity, and rising investor interest giving the industry room to grow, the Data Center Association of the Philippines (DCAP) said.

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