Senator Alan Peter Cayetano renewed his pitch for the proposed Philippine Natural Gas Development Act—a measure that is crucial for the country’s goal of achieving long-term energy security. Earlier, his sister, Sen. Pia Cayetano, chairperson of the Senate Committee on Energy, sponsored...
The National Economic and Development Authority (NEDA) has underscored the pivotal role of a robust middle class in driving the Philippines' sustained economic growth and development. In a keynote address at the 10th Annual Public Policy Conference, NEDA Secretary Arsenio M. Balisacan emphasized...
The government is intensifying its commitment to sustainable growth and climate resilience through investments in infrastructure and innovation, the National Economic and Development Authority (NEDA) said. At the Fourth Philippines-Singapore Business and Investment Summit, NEDA Secretary Arsenio M....
Leading clean energy developer First Gen Corporation is lining up 9,000 megawatts of renewable energy (RE) investments to concretize its well-calculated journey to net zero – and this business decision is out to prove that sustainability and profitability can go hand in hand without frying the...
Easy monetary policy supportive of economic growth across the Asia-Pacific region would follow the US Federal Reserve's cut in interest rates by an aggressive 50 basis points (bps), according to the top economist of the Manila-based Asian Development Bank (ADB). "I think it's good for the region...
DAVAO CITY – Mindanao Development Authority (MinDA) Chairman Leo Tereso Magno led a group of business and private sector leaders from Mindanao at the 4th Philippine-Singapore Business and Investment Summit (PSBIS) on Thursday, September 19, at Shangri-la Hotel in Singapore. MAGNO (center) In a...
The local stock market landed above the 7,200 level after the US Federal Reserve slashed interest rates as expected. The main index added 46.26 points or 0.65 percent to close at 7,202.16 led by the surge in Mining and Bank stocks with only Industrials declining. Volume jumped to 698 million shares...
The Securities and Exchange Commission (SEC) successfully held the SEC Small and Medium Industries and Large Enterprises Embracing Sustainability (SMILEES) Roadshow in Baguio City on Sept. 18, 2024. The event was organized in collaboration with the United Nations Development Programme (UNDP)...
The aid agencies of the US and Japan plan to jointly roll-out development projects in the Philippines, according to the United States Agency for International Development (USAID). In a statement, USAID said its administrator Samantha Power met with Japan International Cooperation Agency (JICA)...
The local stock market closed lower on late profit-taking on heavyweights as investors continue to wait for word from the US Federal Reserve. The main index dropped 19.46 points or 0.27 percent to end at 7,155.90 with sectoral indices split. Volume dipped to 865 million worth P6.01 billion as...
The Gokongwei Group’s Robinsons Land Corporation (RLC) is investing P3.5 billion this quarter to acquire land for an integrated development in Taguig City. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the investment will be reallocated from funds it raised from the...
Vice President Sara Duterte on Tuesday, Sept. 17, expressed her gratitude to Japan for its support in Mindanao’s development and the peace process. The Vice President and Japanese Ambassador to the Philippines Endo Kazuya met on Tuesday to discuss the two countries’ bilateral relations, as well...
