Long-duration foreign funds more known as foreign direct investments (FDI) poured inward in February totaling $1 billion or 13 percent more than only $926...
Moody’s Analytics, the data-crunching unit of sovereign credit watcher Moody’s Investors Service, on Monday projected sharply lower economic output from the Philippines in the...
Unemployment rate eased further in March, underscoring a steady recovery of the economy from the adverse effects of the Covid-19 pandemic, with a net...
Dennis Anthony Uy, co-founder of publicly listed Converge ICT, will build in Pampanga his version of Silicon Valley— a billion-dollar venture meant to provide...
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.