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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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Telcos vow cooperation with NTC over service crackdown, even as they cite independent performance ratings 

The country’s three major mobile network operators have pledged to work with the National Telecommunications Commission (NTC) following the regulator’s September 24 show-cause order, which threaten daily fines of P100,000 each over persistent poor mobile broadband services in key parts of Metro Manila.

Alternergy raises P2B in maiden notes issue

Alternergy Holdings Corp. has raised P2 billion from its maiden fixed-rate notes issuance, tapping the Philippine debt capital market to fund the next phase of its renewable energy expansion.

SEC greenlights structured warrants, opening new investment avenues 

The Securities and Exchange Commission (SEC) has formally introduced structured warrants, launching a new set of rules that expands the range of products available to investors nationwide.

Treasury sets 6.875% coupon for new retail bonds

The Bureau of the Treasury (BTr) is offering a 2.5-year retail treasury bond at a 6.875 percent coupon, giving individual investors a relatively high fixed-income option as the government taps strong demand for its latest retail debt issue.

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