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NEDA Board approves measures to fast track flagship infra projects

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 

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

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

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

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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PH, US seek broader economic ties under new envoy

President Ferdinand R. Marcos Jr. signaled a renewed push to deepen economic and commercial ties with the United States as he welcomed newly appointed US Ambassador Lee Lipton to Malacañang on Tuesday, underscoring that the alliance between the two countries extends well beyond security cooperation.

Meralco targets new income record; eyes gas-fired plants in VisMin

The Manila Electric Co. (Meralco) is confident it can exceed last year’s record net income of ₱50.57 billion, citing rising electricity demand and stronger business performance.

Cement industry charts lower-carbon future, sustainable growth

The Philippine cement industry has unveiled a long-term roadmap to sharply reduce carbon emissions by 2050, seeking to reconcile the country's growing demand for cement with mounting pressure to decarbonize one of its most emissions-intensive industries.

Water execs meet LGUs preparatory to El Nino risks

The National Water Resources Board (NWRB) has brought together Metro Manila local government units and key national agencies to prepare coordinated measures against the expected impact of El Niño on water resources.

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