Tag: EEI

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EEI names new Infrastructure Division head

EEI Corp., one of the Philippines’ largest construction firms, has appointed Paul C. Visaya as head of its Infrastructure Division, effective this October. The move is part of a broader restructuring of the company’s organizational framework.

EEI wins P19.1B worth of new projects

EEI Corp., one of the country’s leading construction firms, announced a major boost in its third-quarter project acquisitions for 2025, securing contracts worth a total of P19.1 billion, a significant turnaround from last year.

EEI enters real estate to broaden portfolio

EEI Corp., one of the Philippines’ leading construction companies, announced Friday its strategic expansion into real estate development, a major step in its evolution from a pure construction firm to a fully integrated property and infrastructure developer.

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Philippines keeps 6.4M tourist arrivals target amid travel headwinds

The Philippines is maintaining its target of 6.4 million international tourist arrivals in 2026, banking on stronger year-end demand and improving travel from key markets to offset rising airfares, higher fuel costs and weakening consumer sentiment.

NFA cites funding gap in meeting 15-day rice buffer stock target

The National Food Authority (NFA) is struggling to meet the government’s 15-day rice buffer stock requirement as stagnant funding, limited storage and inadequate logistics constrain its ability to buy more palay from Filipino farmers.

Healthcare gaps threaten PH tourism growth, Ayala exec warns

The Philippines’ tourism ambitions face a major hurdle as inadequate healthcare in popular destinations and high operating costs discourage investment in medical facilities.

ADB offers $500M emergency funding as El Niño risks loom

The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.

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