The National Treasury awarded in full the P10 billion it offered at the auction Tuesday, an amount lower than the usual size after the government issued tokenized treasury bills and disclosed plans to raise USD1 billion from the offer of Sukuk bonds.
Power industry leaders have warned of inadequate power supply next year, saying there is barely enough for the country' requirements given no new power plants coming online anytime soon.
The Philippines, one of Asia's most active sovereign debt issuers, has launched its maiden sukuk bonds issue, according to a government announcement on Monday, mandating banks involved to arrange the sale.
The Department of Transportation on Friday said the North-South Commuter Railway (NSCR) and South Long Haul (SLH) rail are game-changing projects seen reviving the country's rail industry.
The Cybercrime Investigation and Coordinating Center on Thursday warned the public to be extra careful when doing their Christmas shopping online, with the scam rate done through the Internet the highest in the Philippines among 11 Asian countries.
The Philippine Exporters Confederation, Inc. (PHILEXPORT) hailed a sweeping 6-3 decision by the United States Supreme Court striking down former President Donald Trump’s “reciprocal” tariffs, calling it a decisive lift of an unfair burden on Philippine exporters.
Newly-merged Honda Philippines, Inc. (HPI) is accelerating its manufacturing push, unveiling a major expansion in motorcycle engine components as it doubles down on its long-term commitment to the Philippine market.
Recovery in the Visayas is still a work in progress, but property developer Cebu Landmasters Inc. is ensuring resilience is built into that recovery, not treated as an afterthought.