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NEDA Board approves measures to fast track flagship infra projects

Transport & Logistics Context.ph Context.ph -
Economic Planning Secretary Arsenio Balisacan said the Board of the National Economic and Development Authority, or NEDA, has approved several measures at its meeting...

DITO Telecommunity signs $3.9B project financing; paying off debts 

Transport & Logistics Context.ph Context.ph -
DITO CME Holdings Corp. said Thursday its unit, DITO Telecommunity Corp., has signed a $3.9 billion, 15-year project financing, one of the largest long-term debt arranged and syndicated by multinational banks for a Philippine company.

Israeli technology supplies enough water for 20,000 Mactan households

Corporate Context.ph Context.ph -
Isla Mactan-Cordova Corp., a unit of publicly-listed Vivant Corp., on Wednesday projected completing the country’s first utility-scale seawater desalination plant in Cordova, Mactan in Cebu by year's end. 

Meralco eyes bigger role in growth of EV market

Transport & Logistics Context.ph Context.ph -
Manila Electric Co. is looking at a bigger role in fostering the growth of the local electric vehicle market, with possible investment in the local manufacturing or assembly of EVs, the chairman of the country’s largest power distributor said Wednesday.

Activist group seeks protective shield for consumers

Energy & Mining Context.ph Context.ph -
Activist group Infrawatch PH urges government for quick action in shielding the consuming public from the string of oil price hikes.
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P6.43T green lane projects advance toward implementation  

Trade & Investments 0
Projects endorsed under the government’s Green Lane Initiative are beginning to transition from approvals to execution, signaling early traction in the Philippines’ efforts to accelerate strategic investments across priority sectors.

Globe ramps up Metro Manila network, strengthens 5G services

Communications & Technology 0
Metro Manila, the country’s main economic and cultural center contributing 31.2 percent of national GDP, is seeing a major boost in digital connectivity as Globe accelerates network upgrades across the region.

RCBC raises record P20.5B ASEAN sustainability bonds

Banking & Insurance 0
Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, has raised a record P20.5 billion from its Series G ASEAN Sustainability Bonds, underscoring strong investor appetite for Environmental, Social, and Governance-linked debt despite a volatile rate environment.

Prime Media cuts capital, retires preferred shares

Corporate 0
Prime Media Holdings, Inc. has secured regulatory approval to streamline its capital structure, following the retirement of a class of preferred shares.

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