TAGAYTAY City—The big guns from elite cycling countries didn’t disappoint as the country’s first-time hosting of the Asian Cycling Confederation (ACC) Track and Para Track Championships got into the groove after two days of intense action at the Tagaytay CT Velodrome. Olympian Eiya Hashimoto...
Asia-Pacific economies, including the Philippines, are highly vulnerable to a protracted conflict in the Middle East, as sustained spikes in energy prices and broader disruptions threaten to slow growth and accelerate inflation, according to the Asian Development Bank (ADB). In a brief titled...
President Ferdinand R. Marcos Jr.’s chief economic manager said the economic team is in dialogue with the Philippines’ development partners, including the Asian Development Bank (ADB), to secure ample funding for the country’s power and fuel needs. “We are in constant discussion with our...
TAGAYTAY City -- China, Chinese-Taipei and South Korea emerged as dominant forces in the Asian Cycling Confederation (ACC) Track and Para Track Championships as the International Cycling Union (UCI) certified the Tagaytay CT Velodrome as a Category A facility. “We are now officially a UCI track...
The Asian Cycling Confederation (ACC) Track and Para Track Championships got off to a rousing start on Wednesday at the Tagaytay CT Velodrome with close to 600 cyclists from 16 countries in full harness to earn titles as continental champions. For Philippine Olympic Committee (POC) president...
The Asian Development Bank (ADB) has rolled out a financial support package to help developing member countries (DMCs) cushion the economic fallout from the escalating conflict in the Middle East, as energy prices surge and global supply chains face disruptions. The move comes as the Philippines,...
Tanco-led Asian Terminals Inc. (ATI) has informed the Philippine Stock Exchange (PSE) that it plans to voluntarily delist from the bourse on April 3, 2026, a month after the completion of a ₱6.89-billion tender offer to mop up all minority shares. In its petition for voluntary delisting filed...
The Maharlika Investment Corp. (MIC) is planning to acquire up to 11.2 percent of Asian Terminals Inc. (ATI), the port operator controlled by Eusebio Tanco, for about ₱8 billion, a move intended to lead to the delisting of the company from the Philippine Stock Exchange (PSE). In a disclosure to...
Christmas came early for Filipino medalists at the 3rd Asian Youth Games in Bahrain after the Philippine Sports Commission (PSC) and the Philippine Olympic Committee (POC) are set to give them cash incentives. The announcement came on Monday, Nov. 3, during the Philippine team 's medal...
Metro Manila West Zone concessionaire Maynilad Water Services Inc. began its capital-raising exercise Thuesday, Oct. 23, with its ₱34.33 billion initial public offering (IPO) open for subscription until Oct. 29, 2025. Maynilad fixed its IPO share price at ₱15 on Oct. 20. The water...
Ayala Corp.’s $100-million blended finance deal for electric mobility was named the Philippines’ Transport Deal of the Year in The Asset Triple A Sustainable Infrastructure Awards 2025. The financing for Ayala subsidiary ACMObility came from the Asian Development Bank (ADB) and Canadian...
While other countries still hesitate when it comes to nuclear energy, the Philippines is one of the two countries in the ASEAN region that is a frontrunner in nuclear integration. In a recent report from Fitch Solutions’ unit, BMI, the Philippines and Vietnam are considered the only two nations...
