Top Line Business Development Corp. is investing ₱385.12 million for its fuel importation and distribution businesses as it continues to expand its operations in the Visayas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of directors has approved the additional...
The Philippine Stock Exchange index (PSEi) recovered some lost ground and rallied as the September inflation rate came in lower than expected. The main index jumped 83.51 points, or 1.39 percent, to close at 6,083.83 on Tuesday, Oct. 7, with banks leading the gains across the board. Volume rose to...
The Lucio Tan Group’s MacroAsia Corp. has started the construction of the ₱2-billion New Earth Iloilo Water Supply Project, which will augment Iloilo’s potable water supply and address the rising requirements of expanding communities and industries in the province. The project is being...
The Philippine Stock Exchange index (PSEi) on Monday, Oct. 6, fell after a three-day bounce as investors cashed in on recent gains ahead of the September inflation rate announcement on Tuesday, Oct. 7. The main index plunged 108.54 points, or 1.78 percent, to rest at 6,000.32. Conglomerates and...
Due to lingering global trade uncertainty, coupled with the Philippines’ weaker competitiveness, the Marcos administration’s economic team has cautioned that the country’s goods exports could face significant pressure this year. “Philippine goods exports face significant risks in 2025 from...
The Pasig City government gave due recognition to its barangays and city offices and departments which have displayed outstanding performance in promoting gender equality and development goals and initiatives. In the recently concluded Gender and Development (GAD) Summit 2025 spearheaded by the...
President Marcos has vowed that not a single centavo of public money will be wasted as his administration implements sweeping reforms to fast-track the country’s development programs and foreign-assisted projects. Marcos said this as Congress conducts budget deliberations amid ongoing...
State-run Bases Conversion and Development Authority (BCDA) is expected to welcome more investments from Japan following an agreement with the Japan Bank for International Cooperation (JBIC), focusing on the creation of new business opportunities for Japanese firms. In a statement on its website,...
Aside from lead cornerstone investors International Finance Corp. and Asian Development Bank (ADB), Maynilad Water Services, Inc. has signed cornerstone investment agreements with 10 more international and domestic institutions led by the UK’s Foreign, Commonwealth and Development Office, acting...
On the orders of President Marcos, the Development Academy of the Philippines (DAP) recently concluded its three-day training on Artificial Intelligence (AI) for directors and digital specialists in the government. The training, through DAP’s Center for Career Executive Service (CES)...
DAVAO CITY – The Mindanao Development Authority (MinDA) unveiled the Mindanao Development Tracker during the culmination of the Mindanao Development Forum (MDF) at Dusit Thani Residences here on Thursday, Oct. 2. The Mindanao Development Tracker is a unified monitoring platform designed to...
As the country reconsiders nuclear energy, the Department of Energy (DOE) is set to explore financing options in coordination with the Department of Finance (DOF), the Department of Economy, Planning and Development (DepDev), and the Maharlika Investment Corp. (MIC), among other agencies. In a...
