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Clark Water bares 15-year service improvement plan costing P5.5 billion

Clark Water, one of 20 domestic subsidiaries housed under Manila Water Philippine Ventures, itself a subsidiary of the Manila Water Co. Inc., has budgeted P5.56 billion as service improvement projects over the next 15 years or until  2040.

Ayala bets big on electric vehicles

Ayala Corporation, noting that up to 20 percent of all vehicles sold by 2030 will be electric, has made big bets on the EV space. 

Quezon Power eyes P71B natural gas-fired plant in Quezon

Quezon Power Philippines Ltd. Co. (QPL), subsidiary of the EGCO Group of Thailand, plans building a 1,200 megawatt natural gas-fired power plant in Mauban, Quezon Province.

DA lines up support for seaweed industry to regain top world spot

The Department of Agriculture underscored the need to increase support for local seaweed producers to boost the potential of the second biggest export earner in Philippine aquaculture, next only to the tuna industry.

Aboitiz’s big bet on data science bears fruit 

In 2019, the Aboitiz Group donated US$10 million to the Asian Institute of Management (AIM) to establish the Aboitiz School of Innovation, Technology, and...

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Treasury Bills draw strong demand, rates mixed

Strong investor demand allowed the Bureau of the Treasury to fully award its Treasury bill offering on Monday, raising P54.8 billion, or P8.8 billion more than the P46-billion amount on offer.

ManulifeMOVE promotes holistic approach to longer lives

Manulife Philippines is expanding its focus on preventive health and financial preparedness through ManulifeMOVE, a wellness program designed to help Filipinos build healthier habits and prepare for longer, more secure lives.

BSP sees elevated inflation shaping 2027 budget

The Bangko Sentral ng Pilipinas expects inflation to remain elevated in 2027, with the government adopting a 4 percent to 5 percent inflation assumption in crafting the proposed national budget amid continued global and domestic price risks.

Secretary Go says 2027 budget to prioritize fiscal discipline

Finance Secretary Frederick Go said the government’s 2027 budget will prioritize fiscal discipline and higher-impact spending as the administration works to sustain economic growth while reducing the deficit and managing debt levels.

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