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    National Treasury sets auctions for P45 billion in government securities

    The Bureau of the Treasury (BTr) is scheduled to auction next week P45 billion worth of treasury bills and bonds to help fund the government’s spending program for this year.

    Government rejects P2.5-billion MPTC direct negotiation offer for MCTEP

    The Public Estates Authority Tollway Corp. (PEATC) on Friday rejected the Metro Pacific Tollways Corp. (MPTC) offer to buy out the interest of the government in the Manila Cavite Toll Expressway Project (MCTEP) for only P2.5 billion. 

    D&L Industries claims technologies to recycle single-use plastics

    Listed D&L Industries Inc. said Friday after years of research and development, it can now claim to be the first and only company in the country to offer technologies which allow the recycling of single-use plastics and other products considered low-value or non-recyclable.

    Growth across ASEAN 5 seen accelerated to 4.5 percent in latest WEO projections

    Economic growth across the ASEAN 5, collectively measured in terms of the gross domestic product (GDP) and which includes the Philippines, were to accelerate from last year's 4.1 percent to 4.5 percent this year, according to calculations by the International Monetary Fund (IMF) in the latest iteration of the World Economic Outlook projections.

    “MPTC buyout offer to government stands, it’s dispute with PEATC notwithstanding”

    Metro Pacific Tollways Corp. on Tuesday said it remains interested in acquiring the government's stake at the Manila-Cavite Expressway (Cavitex) even in the face of an ongoing dispute with its partner, the Public Estates Authority Tollway Corporation (PEATC), a unit of the Philippine Reclamation Authority (PRA).

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    Globe expands network in Batangas

    Globe Telecom Inc. has expanded its network infrastructure in Lipa City and several municipalities in Batangas to meet growing demand for fast and reliable connectivity.

    Fuel prices to see mixed adjustments on Tuesday

    Mixed movements in local fuel prices are expected starting Tuesday, according to Jetti Petroleum Inc., with gasoline prices projected to rise by P0.20 to P0.40 per liter, while diesel prices may either remain unchanged or drop by P0.20 per liter.

    SEC greenlights Megawide’s P3B preferred shares sale

    The Securities and Exchange Commission (SEC) has approved Megawide Construction Corp.’s proposed P3 billion preferred shares offering.

    Maynilad IPO set for launch with major investor backing

    West zone water concessionaire Maynilad Water Services Inc. is set to push through with its long-awaited initial public offering (IPO) in the coming weeks, after securing commitments from cornerstone investors who will take up over half of the offered shares.

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