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Airports in Eastern Samar Operational After 6.1 Quake — CAAP

The Civil Aviation Authority of the Philippines (CAAP) said Monday that all airports in Eastern Samar and nearby areas remain open and safe after a magnitude 6.1 earthquake on May 4.

A. Brown secures investment grade for maiden bonds

A Brown Company, Inc. has secured an investment-grade credit rating ahead of its planned maiden bond issuance, signaling market confidence as it taps debt markets to fund expansion across real estate and renewable energy.

Consunji says cement firm on track to return to profit

The Consunji family said its cement company, Concreat Holdings Philippines Inc., is on track to recover from losses and aims to become profitable within three years.

T-bill yields rise as inflation pressure builds

Average rates on Treasury bills climbed at Monday’s auction as investors demanded higher returns, adjusting to expectations of further monetary tightening by the Bangko Sentral ng Pilipinas amid rising inflation pressures.

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