Tag: hot money

Alsons Power Group is accelerating its renewable energy expansion as Mindanao confronts a narrowing electricity supply buffer, with projections pointing to the potential exhaustion of excess generation capacity by 2028 amid sustained demand growth.

The Philippine Amusement and Gaming Corp. plans to sell all 35 casinos it owns or operates under its license, seeking to raise at least P20 billion while shedding a loss-making business that could cost it P7 billion this year as it separates its commercial operations from its regulatory functions.

Dr. Roberto F. de Ocampo, OBE, former Philippine Secretary of Finance and current Veterans Bank Chairman Emeritus, will be presented with the first-ever Global Alumni Achievement Award from the University of Michigan Ross School of Business on Friday, October 16, 2026.

The number of Filipinos working abroad fell by 138,000 to 2.05 million in April to September 2025, with women still making up nearly six in 10 of the country’s overseas workforce, the Philippine Statistics Authority said.