The Bureau of Customs is preparing Subic Bay International Airport as a potential alternative gateway for e-commerce shipments, opening another route for time-sensitive cargo and expanding Subic’s role in the country’s logistics network.
SB Equities Inc., the research and brokerage arm of Security Bank Corp., has lowered its income projections for property developer Ayala Land Inc. after the firm raised its outlook for operating expenses.
The Department of Energy (DOE) has confirmed more than 12 proposed geothermal projects are set to benefit from the Philippine Geothermal Resource De-Risking Facility (PGRDF), a ₱10.07-billion program designed to clear key barriers to renewable energy investment.