Maynilad Water Services, Inc. is setting aside P3.2 billion for the construction of four modular treatment plants (ModTPs) that will serve its customers in Cavite.
Heavy borrowing by global artificial intelligence companies is pushing up Philippine bond yields and making it more expensive for local businesses to raise funds, potentially squeezing investment in the country, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. warned.
The Department of Energy (DOE) has qualified nine potential bidders covering 12 projects under the country’s first Special Green Energy Auction for Waste-to-Energy (Special GEA-WTE), marking a high-turnout milestone that promises to bolster power supply while addressing local garbage management and flood control challenges.
Australian retailer Scoop Wholefoods has entered the Philippine market with a retail concept that turns bulk buying into a modern shopping experience, letting consumers purchase groceries and personal care products by weight while cutting packaging waste and avoiding the cost of buying more than they need.
EastWest has won Best Digital Banking Initiative – Philippines at the Global Retail Banking Innovation Awards, recognized for building a connected digital ecosystem that makes banking simpler and accessible for all. Chief Technology Officer Barani Sundaram received the award on the bank’s behalf.