The Aurora Pacific Economic Zone and Freeport Authority (APECO) is exploring a potential agreement with Spanish engineering firm IDOM Consulting, Engineering, Architecture SAU to establish a food and logistics hub at the Casiguran-based ecozone. APECO President and Chief Executive Officer (CEO) Gil...
ILOILO CITY — Water consumers in Metro Iloilo have been assured of a gradual rate increase from P20 to P28.67 per cubic meter. Metro Pacific Iloilo Water (MPIW) Commercial head Kathleen Sadio said they are implementing the increase in two phases beginning November when consumers will have to pay...
Following the lead of the Harvard Business School (HBS), the pioneer in offering a master’s degree in business administration, universities worldwide developed the traditional two-year MBA program, requiring three to four years of prior work experience. When I returned in 1964 from my doctoral...
Metro Pacific Tollways Corp. (MPTC), a unit of Manuel V. Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC), is planning to use proceeds from its ₱20-billion bond offering to fund three tollway projects and refinance existing obligations. "This bond issuance aims to bolster...
Every weave tells a story. For generations of Filipino artisans, each strand on the loom has carried history, identity, and pride. These weavers rise before dawn, letting their hands speak in color and thread—each pattern a meticulous reflection of cultures that refuse to fade. Like the weaver...
Passenger volume across airlines in the Asia Pacific rose by 11 percent from January to August, as demand for air travel continues to soar, with both leisure and business trips reaching new heights despite tariff-induced setbacks. Based on the latest report of the Association of Asia Pacific...
Metro Pacific Tollways Corp. (MPTC) plans to raise up to ₱20 billion through a planned bond issuance, while continuing to explore options to reduce debt, as market conditions are still not favorable for an initial public offering. Philippine Rating Services Corp. (PhilRatings) said MPTC is...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is seeking potential investors to inject funding for two transportation projects that will seamlessly connect the Casiguran-based economic zone (ecozone) to the global investment market. Speaking before delegates and members of the...
The negotiation for Italy’s defense cooperation agreement with the Philippines is now making “progress” and developing “very positively”, Italian Ambassador to the Philippines Davide Giglio told the Manila Bulletin on Monday, Sept. 22, as the two countries work to review the framework for...
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of Del Monte Pacific Ltd. (DMPL) after accepting the firm’s explanation that Ernst & Young’s audit disclaimer concerns only its discontinued US business, which will not impact its continuing operations in...
Del Monte Pacific Ltd. (DMPL) is asking the Philippine Stock Exchange (PSE) to lift the suspension of trading of its shares despite the audit disclaimer of Ernst & Young for its annual report. “The audit disclaimer pertains only to discontinued operations of the US [United States] business for FY...
Del Monte Pacific Limited’s external auditor, Ernst & Young LLP of Singapore, has issued a disclaimer of opinion on the group’s financial statements for the fiscal year ending April 2025, primarily due to the valuation of the company’s US assets that are up for sale. “In view of the...
