Tag: Executive Stock Purchase Plan

The proposed Conditional Joint Venture Agreement (CJVA) between South Cotabato II Electric Cooperative (SOCOTECO II) and Ignite Power has encountered a new setback after the Office of the Executive Judge of the 11th Judicial Region issued another Temporary Restraining Order (TRO) halting the remaining scheduled dates of the cooperative’s membership plebiscite.

The Philippine economy is set to return to solid growth in 2027, supported by stronger services and industry activity plus timely government spending on key infrastructure, according to the Asian Development Bank’s latest outlook released today. Gross domestic product is projected to expand 3.3 percent this year before rising to 5.1 percent in 2027 — a slightly slower pace than previously estimated in July, as prolonged tensions in the Middle East and higher global commodity prices have weighed on investments and raised costs.

The Philippines’ merchandise trade deficit widened to a record...

Economic growth across developing Asia and the Pacific will ease to 5 percent this year from 5.5 percent in 2025, then edge up to 5.1 percent in 2027, the Asian Development Bank (ADB) reported Wednesday. The 2026 forecast is a slight upgrade — 0.1 percentage points higher than the bank’s July outlook.