Thursday, 11 September 2025, 1:11 am

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    Net IIP inched higher in June

    The country’s international investment position (IIP) showed a net liability position of $48.5 billion as at end-June this year, slightly higher by 2.5 percent than only $47.4 billion as at end-March, the Bangko Sentral ng Pilipinas (BSP) said on Friday. 

    Government raising P150B from Treasury bill, bond auctions in October

    The Philippine government plans to raise a total P150 billion from the domestic capital market through the weekly auction of treasury bills and bonds in October.

    Bloomberry raising P5.59B via two-step equity offering

    Bloomberry Resorts Corp. said Friday its board approved a two-step capital-raising plan that would generate P5.59 billion for the listed resort and casino operations business of tycoon Enrique Razon.

    Fernando Zobel elected as board member of Ayala Corp. 

    Fernando Zobel de Ayala was elected Thursday as board director of Ayala Corp. and completed his return to the conglomerate following a medical leave last year. 

    Vivant Corp. unit signs 20-year deal to buy electricity from Samal solar farm

    Vivant Corp. said Thursday one of its indirect renewable energy retail subsidiaries has signed a 20-year deal to buy electricity from Samal Solar Renewable Energy Corp., a company building a solar farm with a total capacity of 52 megaWatts-direct current.

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    Travellers to inject up to $450M more Into Westside City Project

    Travellers International Hotel Group Inc., led by businessman Andrew Tan, will invest an additional $300 million to $450 million to complete the Westside City integrated resort and casino in Entertainment City, Parañaque.

    SEC opens fast-track registration to foreign firms

    The Securities and Exchange Commission (SEC) has broadened the scope of its One Day Submission and Electronic Registration of Companies (OneSEC) platform to allow registration of corporations with foreign equity, as part of ongoing efforts to enhance regulatory efficiency and improve the business climate.

    Meralco rate down in September on lower generation costs

    The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.

    New water system unveiled in Basilan

    The Manila Water Foundation, Metrobank Foundation, Zuellig Family Foundation, and local government partners launched a new water system in Barangay Bohelebung, Tipo-Tipo, Basilan.

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