The Philippine economy is expected to grow faster in the fourth quarter, helping soften what has been a weak second half of the year, though full-year growth will likely remain below the government’s target.
Manila Water Co. Inc., the east zone water concessionaire controlled by tycoon Enrique Razon, has secured a 15-year, P27-billion loan from BDO Unibank Inc. to fund its acquisition of WawaJVCo. Inc., strengthening its grip on a critical water source for Metro Manila.
After a largely flat 2025, the Philippine automotive industry is gearing up for a long-awaited breakthrough, with vehicle sales projected to finally surpass the 500,000-unit mark this year, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI).