Foreign fund managers have voted with their feet for a third month in a series and repatriated their investments elsewhere.
According to data published by...
The International Monetary Fund on Thursday flagged corporate debt in the Philippines as among the most vulnerable in Asia and urged the monetary authorities...
New York-headquartered Fitch Ratings has affirmed the country’s investment-grade credit rating of ‘BBB’ and revised the outlook to ‘stable’ from ‘negative.’
The sovereign has maintained...
The shortfall created by the country’s foreign currency spending versus its foreign currency earnings moderated to only $148 million in April from the year...
Metro Pacific Tollways Corp. (MPTC), operator of major expressways in the Philippines, Indonesia and Vietnam, is confronting what its leadership calls a “gigantic debt burden” as it looks to raise fresh funds to pay down what could reach up to ₱200 billion in obligations.
The Light Rail Manila Corp. (LRMC), the private operator of LRT-1, says it will try to dissuade its chairman, Manuel V. Pangilinan (MVP), from selling the company’s stake after the government rejected its request for a fare increase.
Filipino-Swiss developer Triconti Windkraft Group has secured spots in the Department of Energy’s fourth Green Energy Auction (GEA4) for two new wind projects in Atimonan, Quezon and Anda, Bohol.
The Department of Energy (DOE) is supporting several key energy initiatives in Agusan del Norte as the province seeks greater energy self-sufficiency. Already achieving 100 percent household electrification, the province plans to install solar rooftop systems on government buildings, hospitals, and key facilities.