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BPI sets P5B fixed-rate bond offer; bond sale starts Oct 17

Banking & Insurance Context.ph Context.ph -
The Bank of the Philippine Islands intends to offer and issue P5 billion of peso fixed-rate bonds due 2025, with an option to upsize.BPI said...

First Gen securing P60B to fund geothermal activities

Energy & Mining Context.ph Context.ph -
First Gen Corp. is securing as much as P60 billion from a combination loan and internally generated funds to finance the drilling of as many as 40 wells and extract steam for its geothermal projects.

Treasury sets auction of $200M 5.5-year retail dollar bond Wed

Banking & Insurance Context.ph Context.ph -
The Bureau of Treasury will start on Wednesday a one-week offer of US dollar bonds to retail investors to raise around $200 million from 5.5-year US dollar bonds for budget support.

BSP rules out any more deposit reserve cut for thrift banks

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas ruled out any more reduction in the deposit reserve requirement of thrift banks, saying that at 2 percent, the mandatory reserves are already low.

NAIA climbs 14 steps higher in latest OAG rankings

Transport & Logistics Context.ph Context.ph -
The Ninoy Aquino International Airport (NAIA), in the hierarchy of the world’s internationally connected airports, rose 14 notches in 2023 compared to the 2019 rankings.
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Power restoration underway; agri damage still reported after Sarangani quake

Energy & Mining 0
Efforts to restore power and assess the impact on farming continue following the magnitude 7.8 earthquake that struck Sarangani and nearby areas on Monday, according to the Department of Energy (DOE) and Department of Agriculture (DA).

New Manila International Airport’s first runway ready by 2028

Transport & Logistics 0
San Miguel Corp. on Tuesday confirmed that the first runway of the New Manila International Airport in Bulakan, Bulacan will be operational no later than the second quarter of 2028, even as other parts of the project face adjusted timelines.

RACE program revival could boost ICE vehicles

Transport & Logistics 0
The government is weighing a revival of incentives for internal combustion engine (ICE) vehicle manufacturers under the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, signaling a more technology-neutral approach to supporting the Philippine automotive sector.

Mandarin Oriental Makati redefines urban luxury experience

Travel & Tourism 0
The upcoming Mandarin Oriental Makati marks a bold return of an iconic hospitality brand, reimagined for a new generation of urban travelers in Manila’s premier business district. 

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