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

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

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

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

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

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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Tala expands partnerships to reach underserved Filipinos

Tala Philippines is expanding partnerships with financial institutions, payment networks and businesses to widen credit access, as the fintech company looks beyond traditional lending channels to reach borrowers underserved by banks.

Visayas tourism alliance taps Cebu to drive island-hopping

Tourism groups and industry players are positioning Cebu as a gateway to multi-island travel across the Visayas, aiming to extend visitor stays and channel more tourism spending to smaller island economies.

NTC tests flag mobile network failures across Metro Manila

Nearly one in five mobile broadband tests in Metro Manila failed to meet the National Telecommunications Commission’s (NTC) 50 Mbps minimum speed standard, exposing persistent network gaps despite peak download speeds exceeding 400 Mbps.

Aboitiz Economic Estates bags sustainability leadership award

Aboitiz Economic Estates has won a sustainability leadership award from the Philippine Green Building Council (PHILGBC), underscoring how green infrastructure, reliable utilities and workforce development are becoming key factors in industrial investment decisions.

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