Marcos signs law allowing foreign investors to lease lands up to 99 years
President Ferdinand R. Marcos Jr. has signed Republic Act (RA) 12252, amending the Investors’ Lease Act (RA 7652) and allowing…
DOE accepts renewable energy projects of listed Alternergy Holdings
The Department of Energy (DOE) under its fourth green energy auction (GEA) has accepted the five renewable energy (RE) projects…
Inflation goes up to 1.5% in August
Philippine headline inflation went up to 1.5 percent in August, a sharp increase from the 0.9 percent in July. In…
Past-due loans of PH banks up in July
The proportion of non-performing loans (NPLs) of Philippine banks to their total loans slightly went up in July, data released…
BMI report cites impact of ‘Konektadong Pinoy’ law to listed telecom companies
A study by BMI, a Fitch Solutions unit, said the “Konektadong Pinoy (Connected Filipinos)” law is “the most radical overhaul…
PH outstanding debt hits record P17.56 trillion; Govt vows debt reduction
The country’s total outstanding debt has ballooned to P17.56 trillion as of the end of July this year, which, however,…
MVP Group’s IdeaSpace announces six startups for its 13th Accelerator Program
IdeaSpace Foundation, the startup accelerator arm of the MVP Group of Companies, has selected six startups for the 13th cohort…