The Securities and Exchange Commission (SEC) has approved Aboitiz Power Corp.’s shelf registration for up to P100 billion in fixed-rate bonds over three years, the company said following the SEC's en banc approval.
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) is urging clients to adopt a conservative investment strategy focused on short-term, low-risk instruments such as government securities, citing current economic uncertainty and high yield levels.
The Philippine National Railways (PNR) has completed the restoration of the Binahan Bridge in Ragay, Camarines Sur, nearly two months after Typhoon Kristine caused extensive damage. The bridge's repair is a key milestone in the broader effort to rehabilitate and expand rail services across Southern Luzon.
The country's external debt climbed to US$146.74 billion as of end-March 2025, marking a 6.6 percent increase quarter-on-quarter and 14 percent rise year-on-year, according to the Bangko Sentral ng Pilipinas (BSP).