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 business process outsourcing firm Foundever has expanded its disability inclusion program, launching a voluntary Self-ID system that allows employees to confidentially share disability and other identity information, alongside nationwide learning sessions marking the International Day of Persons with Disabilities. The initiatives aim to better address workplace barriers and support employees with disabilities.
Enterprises across Asia Pacific are rapidly shifting from AI experimentation to production, with 96 percent planning to increase AI investment by an average of 15 percent in 2026, according to the Lenovo CIO Playbook 2026, commissioned by Lenovo with insights from IDC.
Jose Teodoro “TG” Limcaoco is the President and Chief Executive Officer of the Bank of the Philippine Islands (BPI), a role he assumed in April 2021. He leads one of the country’s oldest and largest banks, chairs key management and credit committees, and oversees BPI’s banking, asset management, insurance, and international subsidiaries. Beyond BPI, he serves as Chairman of the Bankers Association of the Philippines and Philippine Payments Management Inc., making him one of the most influential figures in Philippine banking today.
Century Properties Group Inc. said it has received a pre-effective letter from the Securities and Exchange Commission (SEC) favorably considering the company’s shelf registration of debt securities worth up to P12 billion, a key step toward tapping the domestic bond market.