The Philippines plans to source up to 75 percent of its government borrowing from the domestic market as it seeks to limit foreign-exchange risks while bringing down its budget deficit and easing taxes on workers and small businesses.
The Aboitiz Group expects to soon close its P13.7-billion infrastructure deal with Global Infrastructure Partners (GIP), a unit of BlackRock, as the group moves to bring a major global investor into its infrastructure business.
The Marcos administration is seeking P197.3 billion for rail projects in 2027, with nearly all of the proposed spending concentrated on two major lines aimed at easing congestion and improving access to jobs and economic centers.