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Maharlika extends $76.4-M loan to jumpstart copper-gold mining project

The Maharlika Investment Corporation (MIC), the Philippines’ sovereign wealth fund manager, has signed a binding term sheet to provide a $76.4 million bridge loan...

𝐏𝐏𝐀 launches integrated system for port efficiency

The Philippine Ports Authority (PPA) formally launched its Integrated Management System (IMS) to enhance efficiency port operations. The initiative, launched on Feb. 24, 2025 at...

Philippines posts ‘very high’ logistics cost level vs ASEAN, developed economies – studies

Logistics cost in the Philippines accounts for 27.5% of GDP, a very high level compared to Japan, the United States, and other ASEAN countries....

Philippines continues to fall behind ASEAN in transport infrastructure

The Philippines continues to fall behind its Southeast Asian neighbors in transport infrastructure development, raising serious concerns about its capacity to sustain economic growth and...

BDO net income hits ₱82 billion in 2024

BDO Unibank, Inc. (BDO), the banking and financial arm of the SM Group, recorded a net income of ₱82.0 billion in 2024, up by...

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