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.
The Securities and Exchange Commission (SEC) and the Department of Finance (DOF) have signed a data sharing agreement to support the Philippine Extractive Industries Transparency Initiative (PH-EITI), a government-led body promoting transparency in the management of natural resources.
Acting Transportation Secretary Giovanni Lopez has filed criminal charges against two former Department of Public Works and Highways (DPWH) officials for allegedly using falsified driver’s license.
Public Works Secretary Vince B. Dizon has lifted the suspension on bidding for government infrastructure projects, citing the urgent need to avoid delays in the rollout of critical national infrastructure. The resumption, however, comes with stringent new transparency and accountability measures.
The Department of Agriculture (DA) has scaled back its rice production target for 2025, citing widespread flooding in key agricultural areas. But even with the adjustment, the DA said the country is still on track to surpass its high palay harvest this year.