Friday, 12 September 2025, 2:22 pm

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    Japan cuts view on economy for first time in 10 months

    Japan's government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.

    Union Bank starts offer of new series senior fixed-rate bond

    Union Bank of the Philippines on Monday started the public offer of its 1.5-year senior fixed rate series F bonds due 2025 and its 3-year senior fixed rate series G bonds due 2026. The offer ends 29 November.

    GM’s Cruise robo-taxi CEO resigns from company

    The CEO of General Motors' robot-taxi unit Cruise, Kyle Vogt, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet.

    Small modular nuclear reactor project discontinued in the US

    The push for bring compact nuclear reactors to market stumbled last week as exponents of the clean-energy technology—Utah Associated Municipal Power Systems and listed NuScale Power Corp.-- decided to terminate their decade-old Carbon Free Power Project.

    CAB keeps airline fuel surcharge unchanged for December

    The Civil Aeronautics Board (CAB) has maintained the passenger and cargo fuel surcharge to level 7 for December due to lower jet fuel prices. 

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    AEV backs landmark Coca-Cola Plant in Tarlac

    Aboitiz Equity Ventures Inc. (AEV), a major shareholder in Coca-Cola Europacific Aboitiz Philippines (CCEAP), has marked a significant milestone with the groundbreaking of CCEAP’s new 42-hectare manufacturing facility at TARI Estate in Tarlac City—one of the largest Coca-Cola plants globally and among its most substantial infrastructure investments to date.

    Aboitiz signs P7.4B deal for Olongapo solar project

    Aboitiz Renewables Inc., through its wholly-owned subsidiary AP Renewable...

    Globe secures P5B loan from Bank of Commerce to fund capex

    Globe Telecom Inc., the telecom and financial technology company of the Ayala Group, said it has signed a P5 billion term loan facility with Bank of Commerce to support its ongoing capital expenditures, debt refinancing, and other general corporate requirements.

    DoubleDragon launched P10.9B retail bond offer

    Listed property developer DoubleDragon Corp. on Thursday officially launched the public offering of its 7.7% fixed-rate retail bonds, following regulatory approval from the Securities and Exchange Commission.

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