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Philippines
Tuesday, April 30, 2024

Darwin G. Amojelar

Gov’t hikes borrowing plan to P2.57t this year — Recto

The government is increasing its borrowing plan for 2024 to P2.57 trillion from the initial target of P2.46 trillion set by the Development Budget...

Globe sells 181 towers for P2.1b

Globe Telecom said Monday it closed a deal with MIESCOR Infrastructure Development Corp. (MIDC) for the sale of another 181 towers for P2.17 billion.  Globe said...

BCDA, Maharlika fund manager sign deal to explore investment projects

The Bases Conversion and Development Authority (BCDA) said Monday it signed a strategic partnership with Maharlika Investment Corp. (MIC) to explore investment opportunities within...

GOCCs’ dividend payments reached P39.8b in first quarter

The Department of Finance (DOF) said Monday dividends collected from government-owned or controlled corporations (GOCC) reached P39.8 billion as of April 24, 2024, up...

AirAsia eyes Malaysia-Boracay flights

AirAsia Philippines said it is eyeing more direct flights to Boracay from Malaysia to entice more foreign tourists. “Recognizing the challenges posed by congestion in...

PLDT supports faster telecom facilities rollout in rural areas

The PLDT Group on Monday lauded the government’s move to fast-track the electrification and rollout of telecommunications facilities in rural areas. The National Electrification Administration...

DOTr asks LGUs to pursue active transport infra program for cyclists

The Department of Transportation (DOTr) asked local government units (LGUs) to step up enforcement of active transport infrastructure programs to benefit cyclists and pedestrians...

BDO willing to provide San Miguel with loans for NAIA modernization

The country’s largest bank is willing to provide San Miguel Corp. with loans to bankroll the modernization of the Ninoy Aquino International Airport (NAIA).BDO...

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