On April 22, Paseo De Lipa reached a significant milestone in its development with the unveiling of the model homes and East Entry Plaza. The formal event marked the community’s commitment to sustainable spaces that merge modern living with ecological design features. The ceremony was led by...
The local stock market dipped after a short series of minor gains as investors remain cautious amid unpredictable policy shifts by the US on tariffs and attacks by Trump on the independence of the Federal Reserve. The main index shed 10 points or 0.16 percent to close at 6,158.48 as Miners rallied...
The Philippines received the second-biggest amount of loans and grants from the Manila-based Asian Development Bank (ADB) and its co-financing partners last year, mainly to bankroll big-ticket infrastructure projects. The ADB's Annual Report 2024, published on Thursday, April 24, showed that...
Lopez-led First Gen Corp. (FGen) has teamed up with a Japanese manufacturing firm to supply 100-percent clean energy to its facilities in Zambales. In a statement released on Thursday, April 24, Sanyo Denki Philippines Inc., a subsidiary of Japan’s Sanyo Denki Co. Ltd., announced its partnership...
The Philippine Stock Exchange index (PSEi) edged higher, buoyed by gains in US markets, a strengthening peso, and positive corporate earnings. The benchmark index climbed by 22.89 points or 0.37 percent to finish at 6,168.48 on Wednesday, April 23, although sectoral indices showed a mixed...
The Global Wind Energy Council (GWEC), an international wind industry association, has identified the Philippines as one of the top markets to watch for wind energy growth. In its 2025 Global Wind Report, GWEC noted that Asia-Pacific (APAC) countries, including the Philippines, Japan, South Korea,...
Aerial view of RPN commercial lots Cavite is poised for continued economic growth, with rising strategic developments like Riverpark driving new opportunities in the province. A key indicator of this momentum is the 90 percent sellout of Riverpark North Commercial Lots by Federal Land NRE...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is cutting capital expenditures (capex) for 2025 following a decline in earnings in 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is allotting ₱63 billion for capex this...
To advance climate-resilient, sustainable cities in the Philippines, the Organization for Economic Cooperation and Development (OECD) is urging the government to put in place an integrated and centralized framework that would attract green private investments. "The Philippines faces several...
Real estate firm Italpinas Development Corp. (IDC) more than doubled its net income to ₱376.8 million last year, reflecting a 102.2-percent increase from the ₱186.3 million earned in 2023, due to cost reduction and increase in land values. In a disclosure to the Philippine Stock Exchange (PSE),...
The PSEi dropped on profit-taking as investors held on to cash ahead of the Lenten break. The main index fell by 57.50 points or 0.93 percent to close at 6,128.60 as the Services counter led the retreat while only Miners managed to advance. Volume remained thin at 951 million shares worth P4.21...
The Philippines has secured the final $1.45-billion (about ₱82-billion) funding from the Asian Development Bank (ADB) for the Malolos-Clark railway project (MCRP), one of the multilateral lender’s largest infrastructure investments in Asia-Pacific (APAC). According to the ADB’s statement...
