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.
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.
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.
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.
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.
Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.