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.
The Department of Trade and Industry (DTI) is mobilizing a P7-billion financing package through the Small Business Corp. (SB Corp.) to support exporters, overseas Filipino workers (OFWs), and women-led enterprises as tensions in the Middle East threaten to ripple through global trade and employment.
As it marks four decades in the poultry business, Bounty Fresh Group Holdings Inc. is setting its sights beyond the Philippine market, outlining plans to expand further across Southeast Asia as part of a long-term push to become a regional food player.