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Japan extends the Philippines another quick-disbursing ODA loan

Japan has signed a new loan worth 30 billion yen or P11.8 billion in local currency to help the Philippines deal with the disruptive...

Japan’s R&I signals sovereign credit boost

Japan’s Rating and Investment Information Inc. (R&I) has affirmed the country’s credit stature as a triple B or BBB-rated sovereign but whose outlook has...

Moody’s unit projects slower 2Q expansion of only 6% in latest forecast

Moody’s Analytics, the data analysis and financial intelligence arm of the sovereign credit watcher Moody’s Investors Service, forecasts a moderate expansion of the economy...

TransCo seeks 2.3 times the FIT-All rate starting next year

The National Transmission Corp. (TransCo) has asked the Energy Regulatory Commission (ERC) for an increase in the 2024 feed-in-tariff allowance (FIT-All) to P0.0867 per...

Phl, EU begin FTA scoping process; GSP+ extended until 2027

The Philippines and the European Union (EU) have announced their intention to explore the re-launch of negotiations for a new free trade agreement (FTA). The...

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Agri damage from enhanced habagat, 3 cyclones hits P1.91B

Agriculture sector damage from the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay and Neneng has risen to P1.91 billion, per the Department of Agriculture (DA) 12 noon advisory. This is up from the P1.79 billion reported August 22.

A Brown expands water business with subsidiary 

A Brown Co. Inc. is expanding its water business after securing authority to subscribe to an additional 20 million common shares in its subsidiary, AB Bulk Water Company Inc., as the group prepares to consolidate its water assets and pursue new projects.

SEC advances to next reform phase to ease startups, boost capital market access and liquidity

The Securities and Exchange Commission (SEC) on Monday unveiled the next phase of its reform agenda, introducing targeted measures to cut red tape, speed up business formation, lower costs, and strengthen liquidity and competitiveness across the Philippine capital market. The announcement comes as SEC chairman Francis E. Lim marks his first year in office.

Michelin sees strong growth opportunities in Philippines

French tire maker Michelin is seeing strong growth opportunities in the Philippines as evolving mobility patterns and more discerning consumers drive demand for safer, more innovative, and sustainable transport solutions.

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