REUTERSOUTSTANDING external debt hit a record $130.182 billion at the end of June, but remained at “manageable” levels, the Bangko Sentral ng Pilipinas (BSP) said.Preliminary data from the BSP showed external debt rose by 10.4% from the $117.918 billion seen as of June 2023.External debt
By Ashley Erika O. Jose, ReporterINFRASTRUCTURE development company Aboitiz InfraCapital, Inc. will be awarded the contract to operate and maintain the Laguindingan International Airport in Misamis Oriental, the Department of Transportation (DoTr) said.“The Laguindingan PPP (public-private partnership) project will be awarded to the original proponent,” Transportation Secretary Jaime J.
TELECOMMUNICATIONS and digital services provider DITO CME Holdings, Inc. plans to list its P4.2-billion follow-on offering (FOO) on Oct. 10.The company has obtained regulatory approval for the FOO, which entails issuing additional shares to the public, DITO CME Holdings President Donald Patrick L. Lim told
For most businesses, the past few years have been difficult to say the least. The lingering effects of the pandemic, skyrocketing inflation and the consequent tightening of interest rates have made for a challenging economic environment. However, for I-Land, the company that launched I-Land Residences
DMCI Mining Corp. expects a recovery in its nickel mining business amid an expected uptick in global prices, the company’s president said.“The first three quarters of this year have been terrible,” DMCI Mining President Tulsi Das C. Reyes told reporters last week.“Prices have dropped to
1 of 9Toyota’s ‘Start Your Impossible’ program is about believing in making a positive difference — whoever you areFROM WHERE we were seated on the stands of the Paris La Défense Arena in Nanterre, the frenzied splashing in the swimming pool — and the quickly
Federal Land received a total of 15 awards and recognitions at PropertyGuru Philippines Property Awards. In photo are (left to right) Customer Service Group Head Kerwin R. Reganit, Sales Group Head Maria Margarita Saenz-Resurreccion, Federal Land President and COO Thomas F. Mirasol, JLL Philippines Head
ALLIANCE Global Group, Inc. (AGI) plans to open a $300-million boutique-style casino in Boracay by the end of 2025, the listed company’s president said. “We’re looking to start and open (the casino) by end of next year,” AGI President and Chief Executive Officer Kevin Andrew L.
From left are: Electric Vehicle Association of the Philippines (EVAP) President Edmund Araga, VinFast Philippines CEO Cao Ngoc ‘Daniel’ Nguyen Duy, Hyundai Motor Philippines Directing Coordinator for Marketing and Product Planning Daihee Park, Nissan Philippines Senior Manager for Communications Department Czarina Blythe Brodit, Department of
From L-R: Alsons Dev Asst. VP for Business Development & Management Jolla Soriaga, President & CEO Miguel Dominguez, Director Marco Alcantara, and Asst. Gen. Manager for Sales & Marketing Jessa Mae Sisi received Alsons Dev’s awards presented by Atelier A President & CEO Carlo Cordaro
Ayala Corporation is once again the highest-ranked Philippine company in the TIME World’s Best Companies 2024 list.The World’s Best Companies 2024 ranking is a comprehensive analysis conducted to identify the top-performing companies across the globe. This distinction is presented by TIME and Statista, the world-leading