The Power Sector Assets and Liabilities Management Corp. (PSALM) looks to cut its financial obligations to P306.6 billion by the end of the year.
Dennis...
Ayala Corp. on Tuesday bared selling its majority stake in the German auto parts maker MT Technologies GmbH and focus on its core businesses of real...
The Energy Regulatory Commission (ERC) is asking lawmakers to consider suspending the mandatory listing of energy companies at the local bourse to encourage the entry of more renewable energy (RE) companies.
The House of Representatives’ justice committee on Wednesday, February 4, junked two impeachment complaints against President Ferdinand Marcos Jr., saying the petitions failed to sufficiently establish impeachable offenses. The dismissal effectively grants Marcos a one-year immunity from impeachment, as the Constitution allows only one proceeding against an official per year. The complaints, separately endorsed by Pusong Pinoy Rep. Jett Nisay and the Makabayan bloc, faulted the President for flood control failures and budgetary problems. The Makabayan-backed petition went further, alleging systemic corruption through a “BBM parametric formula,” abuse of unprogrammed funds, and Marcos’ alleged direct role in kickbacks.
Japan and the Philippines have agreed in principle to replace their existing tax treaty, marking the first major update to the agreement in nearly 20 years.
Rizal Commercial Banking Corp. (RCBC) emerged as a standout at the 61st Anvil Awards, securing multiple recognitions for communication programs that reinforce its push for financial inclusion, sustainability, and digital transformation.