The labor market strengthened in October as more Filipinos streamed into the workforce, even as unemployment rose from last year’s lows, data from the Philippine Statistics Authority showed Wednesday.
Spanish renewable energy developer Grupo Enhol is sizing up the Philippines for its next wave of clean-power projects, signaling rising foreign confidence in the country’s shifting energy landscape.
Maynilad Water Services Inc.’s market debut came with a splash and a safety net. UBS AG Singapore Branch, acting as the stabilization agent for the utility’s initial public offering, snapped up a hefty 144.3 million Maynilad shares during the stabilization window after the stock slipped below its P15 IPO price.
The Aboitiz Group is tightening its grip on the Philippine real estate landscape as it moves to merge Aboitiz Land and Aboitiz Economic Estates (AEE) into a single property arm.