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 Department of Public Works and Highways is proposing a P1.5-billion drainage rehabilitation project for the entire stretch of Taft Avenue as the government intensifies efforts to address recurring flooding in Metro Manila’s key transport corridors.
The Department of Energy (DOE) confirmed fuel companies will roll back pump prices sharply this week, with cuts exceeding P4 per liter across all major products.
StB GigaFactory Inc. is expanding its clean-energy ambitions in the Philippines, partnering with the Bases Conversion and Development Authority to explore renewable power, battery storage, and electric mobility projects that could support the growth of next-generation industries.
The Department of Budget and Management will submit the proposed P7.2-trillion 2027 National Expenditure Program to the House of Representatives on Tuesday, marking an increase from this year’s P6.793-trillion national budget. Palace spokesperson Atty. Claire Castro said the NEP, which the DBM formally turned over to President Ferdinand Marcos Jr. on Monday, prioritizes education, health, livelihood, security, and stronger communities under the theme “people-centered growth for an inclusive and resilient future.” Castro said the spending plan seeks to improve public services while creating more jobs and economic opportunities for Filipinos. The proposal now moves to Congress for scrutiny and approval.