The Department of Transportation is keeping its hands off on the impending modifications to the P125-billion Makati Subway project following the decision of the Supreme Court to transfer the 10 EMBO barangays to the jurisdiction of Taguig City.
Philippine Infradev Holdings Inc. said Wednesday it will discuss with City of Makati some modifications in the P125-billion intra-city subway project in view of a Supreme Court ruling that transferred certain city districts to the jurisdiction of neighboring Taguig City.
The Philippines suffers from a stagnant equities market often ignored by wealth-chasing foreign investors mostly on account of cost considerations rather than on the quality of company stocks traded at the Philippine Stock Exchange (PSE).
The country’s leading economic minds on Tuesday said the price caps on the rice staple are temporary measures designed to combat cartelization, hoarding and other forms of price manipulation that serve the purposes of only a few vested interests.
Aboitiz InfraCapital Inc., as part of the consortium known as the Manila International Airport Corp. (MIAC), brushed aside on Monday notions that it will bid for the Ninoy Aquino International Airport rehabilitation project only for its own account.
Aboitiz Renewables, Inc., the renewable energy arm of Aboitiz Power Corp., has energized its 92.55-megawatt peak (MWp) San Manuel solar power plant in Pangasinanrr, marking another milestone in the company’s nationwide clean-energy expansion. The facility is the firm’s third solar project in Pangasinan, joining the Cayanga-Bugallon and Laoag solar plants.
San Miguel Corp. (SMC) has delivered new relief supplies to Cebu, where thousands of people are still staying in evacuation centers more than a week after Typhoon Tino hit on November 4.
Security Bank Corp. reported solid growth for the first nine months of 2025, with total revenues rising 22 percent year-on-year to P48.8 billion. Net profit increased 7 percent to P9.1 billion, reflecting stronger lending activity and improved margins, despite higher provisions for credit losses.