Four more PHL airports to be privatized next year
UNSPLASHBy Ashley Erika O. Jose, ReporterAT LEAST four more Philippine airports in the countryside are expected to be privatized in 2025, the Department of Transportation (DoTr) said last week.“For next year, we have Iloilo, Puerto Princesa and Kalibo [airports],” Transportation
Refining a legacy of excellence
The EY Entrepreneur Of The Year 2024 Philippines has concluded its search for the country’s most visionary leaders shaping opportunities and transforming industries. It is a program of the SGV Foundation, Inc., with co-presenters: the Asian Institute of Management, the
Meralco sees lower generation charge for October
PHILIPPINE STAR/BOY SANTOSMANILA Electric Co. (Meralco) expects a reduction in the cost of power procured from suppliers for the October billing cycle, attributed to lower electricity prices in the Wholesale Electricity Spot Market (WESM), a company official said.“Initial indication shows
Ayala Corp. secures $200-M loan from Metrobank
AYALA Corp. has secured a $200-million senior long-term loan from Ty-led Metropolitan Bank & Trust Company (Metrobank) to fund the expansion of the conglomerate’s investments in “emerging portfolios.”The loan was signed on Sept. 16 and will be used to support
Filinvest Land adds fifth mall to portfolio
LISTED property developer Filinvest Land, Inc. (FLI) expanded its mall portfolio with the recent opening of its fifth mall Filinvest Malls Dumaguete in Negros Oriental.The opening of Filinvest Malls Dumaguete adds 3,759 square meters (sq.m.) of gross leasable area (GLA)