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

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

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

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

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