The Board of Investments (BOI) is sanguine on the successful conclusion of negotiations with two Chinese wind farm equipment and component manufacturers who look to invest $2 billion each in their proposal to make the Philippines a manufacturing hub.
Yields on Treasury bills (T-bills) were higher at the auction held Monday, with the Bureau of Treasury allowing the average rate of the 91-day treasury paper to top 6.00 percent.
The country's net oil import bill in the first six months this year eased 17 percent to only $8.16 billion from last year's $9.84 billion, according to the Department of Energy (DOE).
The Department of Transportation (DOTr) has thumbed down the request of participating airline-related entities to own more equity than allowed at present at the consortium proposing to rehabilitate, optimize and maintain the Ninoy Aquino International Airport for P170.6 billion
The Philippine military is creating a cyber command to improve defences against almost daily cyber attacks and will relax recruitment rules to ensure it can attract online experts, the chief of the armed forces said on Thursday.
President Ferdinand Marcos Jr. has more than doubled the Philippines’ minimum access volume (MAV) for corn to 500,000 metric tons (MT) in 2026, allowing additional imports in a bid to ease feed costs and limit potential increases in pork and poultry prices.
Ayala Corporation’s healthcare arm AC Health and US-based healthcare operator Bon Secours Mercy Health (BSMH) are planning a flagship hospital campus in Pasig City, a proposed investment that could help keep more Filipinos’ healthcare spending in the country by expanding access to advanced medical treatments locally.
Metro Manila’s condominium market continues to grapple with persistent oversupply as buyers withdraw from purchases when monthly payments jump sharply upon transitioning from developer financing to bank loans.
Isuzu Philippines Corp. (IPC) has expanded its pickup truck lineup with the launch of the D-MAX LS 4x2 AT, offering the new variant at an introductory price of P1.549 million until December 31, 2026.