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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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PAL takes delivery of second A350-1000

Philippine Airlines (PAL), the country’s flag carrier, has received its second Airbus A350-1000, continuing its fleet modernization program.

Industry giants build pioneering intelligent city, pilot in Makati CBD

Four major industry players—Ayala Corporation, Globe Telecom, Mitsubishi Corp., and KDDI Corp.—have partnered to develop the country’s first Intelligent City, with Makati Central Business District chosen as the pilot site.

Higher Pag-IBIG loan cap seen spurring economy

The government's decision to raise the maximum Pag-IBIG housing loan to P10 million is expected to do more than help Filipinos buy homes. 

Sardines, noodles lead fresh round of price hikes

Consumers may need to stretch their grocery budgets a little further as the Department of Trade and Industry (DTI) released an updated Suggested Retail Price (SRP) bulletin showing higher prices for several basic and prime commodities.

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