Peso slides to over two-year low
THE PESO sank to an over two-year low on Wednesday amid escalation in the Russia-Ukraine war as well as further signals on US President-elect Donald J. Trump’s economic policies. The local unit closed at P58.91 per dollar on Wednesday, weakening by
PEZA approvals hit P186B as of mid-Nov.
THE PHILIPPINE Economic Zone Authority (PEZA) has greenlit P186.098 billion in investment pledges as of Nov. 13, surpassing the total approvals in 2023. This was 32.1% higher than the P140.884 billion worth of investments it approved in the same period in
BusinessWorld Forecast 2025 to explore PHL’s path towards steady growth
(L-R) FINANCE UNDERSECRETARY and Chief Economist Domini S. Velasquez; Zafer Mustafaoglu, country director for the Philippines, Malaysia, and Brunei at the World Bank; Pavit Ramachandran, country director for the Philippines at the Asian Development Bank; and Tourism Secretary Ma. Esperanza
Upskilling for the Philippine Energy Transition: The AboitizPower-JERA Talent Exchange Program
Jeremiah Cayondong, Jun Carlo Luchavez and Marlon Silang (2nd to 4th from left) are the first Filipino batch of the AboitizPower-JERA talent exchange program, receiving training and experience at Japan’s Hekinan Thermal Power Station.Strategic partners Aboitiz Power Corporation (AboitizPower) and
Meralco sets P25-B budget to storm-proof power systems
“THE INTEGRITY of our distribution system is really, parang (kind of) in danger if our system is not really that storm-hardened” — Meralco Executive Vice-President and Chief Operating Officer Ronnie L. Aperocho. — MERALCO’S FACEBOOK ACCOUNTPOWER distributor Manila Electric Co.