The National Government’s outstanding debt reached a record P13.75 trillion as of end-February. — REUTERS/THOMAS WHITE/ILLUSTRATIONBy Keisha B. Ta-asan, ReporterTHE NATIONAL Government’s (NG) outstanding debt hit a record-high P13.75 trillion as of end-February

Laborers work at a construction site in Manila, Philippines, Nov. 17, 2016. — REUTERS/CZAR DANCELSTATE SPENDING on infrastructure rose by 13.4% in 2022, as the government ramped up public works and transportation-related projects.According

A view of Metro Manila. — PHILIPPINE STAR/WALTER BOLLOZOSBUSINESSES NOW have a more optimistic economic outlook this year, amid a return to pre-pandemic normalcy and increased consumer demand, a survey by the Bangko

SEVERAL former government officials are opposing the plan to merge Landbank of the Philippines (LANDBANK) with the Development Bank of the Philippines (DBP), saying it will further disenfranchise farmers and other agriculture stakeholders.“Farmers,

MONDE NISSIN CORP. suffered a net loss of P13.03 billion in 2022, a reversal of its P3.12-billion net income a year earlier, due to a one-off charge the company incurred in Marlow foods.“The

THE 68-MW “Garcia 2” Solar Project, located in the municipality of Currimao in Ilocos Norte. — VENAENERGY.COMMGEN RENEWABLE Energy, Inc. (MGreen) is keen to expand its 68-megawatt-alternating current (MWac) solar plant project with

LISTED real estate developer Sta. Lucia Land, Inc. said on Thursday that its board had approved taking out a P1.5-billion long-term loan facility while authorizing joint ventures to develop six projects, including an

THE Department of Trade and Industry (DTI) partnered with Amazon Web Services (AWS) to help the digital transition of local entrepreneurs and businesses.In a statement on Thursday, the DTI said that it signed