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.
SM Retail, the retail arm of the SM Group, has received the NPC Seal of Registration Compliance Excellence Award from the National Privacy Commission (NPC) at the recent National Data Privacy Conference in Parañaque City. The award recognizes organizations that consistently display their NPC registration seal across all operations and digital platforms to demonstrate transparency and accountability.
The Japan Credit Rating Agency, Ltd. (JCR) has reaffirmed Ayala Corporation’s A- long-term foreign currency issuer rating, keeping its outlook stable. The decision reflects confidence in the company’s wide-ranging business portfolio, consistent earnings performance, and careful financial management.
The Philippines and India have taken another step toward a possible free trade agreement, using a high-level bilateral trade meeting to advance discussions on deeper economic integration and broaden cooperation in sectors ranging from renewable energy to artificial intelligence.
Competition watchdogs are stepping up scrutiny of the Philippines’ retail electricity market after a new study found that market concentration, customer inertia, and structural barriers continue to limit competition despite ongoing power sector reforms.