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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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Topline expands fuel network, storage capacity

Topline Group of Companies is positioning for sustained energy demand growth as it expands its fuel retail network, quadruples storage capacity, and builds a more integrated supply platform across the Visayas.

CREC advances 2.3 GW renewable energy pipeline

Citicore Renewable Energy Corp. is preparing to roll out about 2.3 gigawatts of renewable energy capacity through 2026 and 2027, as it moves to convert a growing project pipeline into operating assets.

7-Eleven Philippines targets 5,000 stores despite bottlenecks

7-Eleven Philippines is pressing ahead with its expansion toward more than 5,000 stores by year-end, even as permitting delays and power availability threaten to slow the pace of new openings.

Shell Pilipinas demonstrates operational resilience amid first-half inventory and margin pressures 

Shell Pilipinas Corp. maintained uninterrupted energy supply and robust trade operations across the Philippines through the first half of the year, even as severe global market volatility and inventory holding losses led to a net loss of P1.9 billion.

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