Ayala Land Inc. (ALI) has secured a $250-million (about P14.3-billion) loan from the International Finance Corp. (IFC) to fund its net-zero emissions ambition, including the "greening" of 10 malls in Cebu and Metro Manila. The IFC disclosed on Monday, Oct. 14, that it already invested in ALI's up...
Japanese tech firm Spectee Inc.'s artificial intelligence (AI)-powered crisis management information system is expected to enhance disaster response in the Philippines, according to the Japan International Cooperation Agency (JICA). In a statement, JICA Philippines said its senior representative...
The Philippines will not return to the International Criminal Court (ICC), Malacañang reiterated after President Marcos was urged to submit to the ICC the sworn statements of retired police Col. Royina Garma and self-confessed drug lord Kerwin Espinosa on drug-related extra judicial killings....
In a remarkable achievement, Mang Inasal has emerged as the only restaurant brand from the Philippines to receive honors at the prestigious 21st International Business Awards (IBA), held recently at the InterContinental Istanbul, Turkey. Recognized for its groundbreaking marketing...
DAVAO CITY – The Department of Transportation and the International Finance Corp. on Thursday, October 10, formally signed the Transaction Advisory Services Agreement to facilitate the rehabilitation and modernization of the Francisco Bangoy International Airport here. A NEW LOOK Francisco...
The International Finance Corp. (IFC) has green-lit a loan package for Filipino firm Asialink Finance Corp. (AFC) to help boost small business lending in the Philippines. The private-sector lending arm of the World Bank Group (WBG) disclosed on Friday, Oct. 11, that the senior loan financing...
The local economies of Bulacan and its neighboring provinces are expected to be bolstered by the expanded 24.6-kilometer (km) Plaridel Bypass Road, according to the Japanese government, which partly funded the project through an official development assistance (ODA) loan. The completed third phase...
Razon-led International Container Terminal Services Inc. (ICTSI) has acquired a 27-hectare property to expand its berth terminal in Bauan, Batangas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the property it bought is in Barangay San Roque and San Andres I, Municipality...
The Port of Ninoy Aquino International Airport’s (NAIA) Bureau of Customs has received praise from the German Embassy for its efficient trade facilitation processes. During the recent celebration of the 34th Anniversary of German Unity and the 70th German-Philippine Diplomatic...
Japan, together with the United States, is backing up the Philippines' cybersecurity enhancement, especially to protect critical information infrastructures (CIIs). Japan International Cooperation Agency (JICA) Philippines chief representative Takema Sakamoto committed "unwavering support" to the...
While ride-hailing apps have benefitted Filipino commuters, especially in Metro Manila, further increasing transport network vehicle service (TNVS) supply and legalizing motorcycle taxis would help fill lingering transportation gaps, according to the Paris-based International Transport Forum (ITF)....
Ports operator International Container Terminal Service Inc. (ICTSI) officially opened a new terminal in Indonesia that would pave the way for an expanded trade in the country. On Tuesday, October 8, ICTSI said it officially opened East Java Multipurpose Terminal (EJMT) at the Lamongan Regency...
