Friday, 07 November 2025, 1:40 pm

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    Turkey’s Limak Group joins bid to win NAIA rehab program

    The Department of Transportation (DOTr) on Monday said a Turkish conglomerate has bought bid documents to rehabilitate, optimize and maintain the Ninoy Aquino International Airport, bringing to eight the number of prospective bidders for the project. 

    Diokno to vote to hold rate in next MB meeting

    Finance Secretary Benjamin Dioko said on Monday he will vote to keep interest rates steady when the central bank meets to review policy on 16 November.

    CalPERS to double climate investments, consider asset sales

    California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for the energy transition.

    Lithium producers stay bullish on EVs despite growing headwinds

    The world's largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing.

    Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign

    The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that continues to outperform expectations may need still more restraint.

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    Asiabest Group board approves valuation for target acquisitions

    Listed firm Asiabest Group International, Inc. (ABG) has approved the valuation of three companies it plans to acquire as part of its expansion program.

    Banks post steady growth, solid profits — BSP

    The Bangko Sentral ng Pilipinas (BSP) said the country’s banking sector remained strong and stable in the first half of 2025, backed by steady asset growth and solid profits.

    Gold price rally drives 68% income rise for OGP

    OceanaGold (Philippines) Inc. (OGP) reported a 67.8 percent surge in net income for the first nine months of 2025, reaching $49 million from $29.2 million a year earlier, driven by record-high gold prices.

    Gov’t eyes nuclear in power mix by 2032

    The Department of Energy (DOE) has reaffirmed the target to integrate nuclear power into the country's energy mix by 2032, while advancing renewable energy (RE) development through more than 10,000 megawatts (MW) of new capacities under the fourth round of the Green Energy Auction (GEA 4).

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