The government may have found a new pet project, one in the aviation sector whose strength and number the Department of Transportation (DOTr) seeks to fortify for the long haul.
The Department of Transportation (DOTr) on Wednesday ruled out adversely impacting tourism flows as a consequence of adjustments in terminal fee attracting so much flak from travelers, stakeholders and observers alike.
China as convenor of the Asian Infrastructure Investment Bank (AIIB) assures the Philippines of access to grants for the country's infrastructure projects.
The Ayala Group that owns Globe Telecom has advanced the idea for the government to help pay for the cost of connectivity across the archipelago by a subsidy program allowing the telecommunications players to beef up their presence even in so-called geographically isolated and disadvantaged areas or GIDAs.
The Pag-IBIG Loyalty Card Plus program has surpassed P1 billion in member discounts, marking a milestone that highlights the growing role of the government-run savings fund in helping Filipino workers stretch their everyday budgets.
Rizal Commercial Banking Corp. has begun offering peso-denominated fixed-rate Series G ASEAN Sustainability Bonds due 2029, tapping investors as the bank expands funding for green and social projects.
Aboitiz Power Corp. said its renewable energy subsidiary has secured a P6.1 billion project finance facility from Bank of the Philippine Islands, the country’s 4th largest lender by assets, to fund the construction of a new wind power project in southern Luzon.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is accelerating plans for a Pacific-facing mega port in Aurora province, betting that mounting geopolitical tensions will push global shipping to seek alternative routes.