The Bangko Sentral ng Pilipinas (BSP) announced that its coin deposit machines (CoDMs) have collected over P1 billion worth of coins since their launch, underscoring the project’s success in recirculating idle currency.  As of October 11, 2024, the total coin deposits have reached P1.008 billion, with more than 260 million individual coins processed across 240,000 transactions. The CoDM initiative, launched …

Philippine National Bank (“PNB”) has successfully tapped into international markets with a US$300 million benchmark-sized Sustainability Regulation S offering of 5-year senior notes (the “Notes”) under its US$2 billion Euro Medium Term Note programme (the “Programme”). PNB conducted a two-day roadshow starting on October 14, 2024 to engage with potential investors. The 5-year bond was priced at T+102 basis points, …

The Department of Transportation’s (DOTr) thick and viable transport infrastructure portfolio offers rich investment opportunities for private firms, said Transportation Secretary Jaime J. Bautista.  Speaking before the 2024 Korea-Philippines Infrastructure and Plant Forum, Sec. Bautista sought the support of the Republic of Korea and its private firms to bankroll DOTr multi-sectoral projects, which is aimed at a common goal—providing better …

Department of Transportation (DOTr) Secretary Jaime Bautista met with officials from the Government State Insurance System (GSIS), Metropolitan Manila Development Authority (MMDA), and the Quezon City Government on 15 October 2024 to discuss the plans of each agency revolving the Integrated Transport Hub to be established at the GSIS Elliptical Lot.  Notably, the Integrated Transport Hub would support the DOTr’s …

Following the mandate to ensure a convenient and efficient travel, the Department of Transportation (DOTr) joined the Toll Regulatory Board (TRB), Local Government of Calamba City in Laguna, San Miguel Corp. (SMC), and Ayala Greenfield Development Corp. at the groundbreaking ceremony of Ayala Greenfield Interchange last 14 October 2024.  Transport Secretary Jaime J. Bautista, represented by DOTr Undersecretary for Road …

The Philippines has intensified its efforts to protect its marine environment from invasive aquatic species (IAS) by conducting a two-day training on biofouling prevention and management in dry-dock operations held last 16-17 October 2024.  The training, organized by the Maritime Industry Authority (MARINA) was conducted in coordination with the International Maritime Organization (IMO) and the Partnerships in Environmental Management for …

The Department of Transportation (DOTr) highlighted the need for legal support to be able to complete various transport infrastructure projects on time to members of the Society of Construction Law Philippines during their conference October 17.  DOTr Undersecretary for Legal Affairs Atty. Reinier Paul Yebra, representing Secretary Jaime J. Bautista, ran through the department’s major projects such as the Metro …

As part of the preparations for the upcoming 2024 Japan Automobile Standards Internationalization Center (JASIC) Public and Private Forum in November, the Department of Transportation – Philippines (DOTr), in partnership with the United Nations Economic Commission for Europe (UNECE) and the Land Transportation Office – Philippines (LTO), successfully conducted a refresher training on the 1958 Agreement concerning the Adoption of …

TecPlata achieved a new milestone with its handling of the first carbon-neutral container in Argentina. The latest achievement marks a significant step forward in the company’s commitment to sustainability, reinforcing its position as a leader in innovative logistics solutions.  Through the collaboration with Petrocuyo, LOGIN, and Carbon+, TecPlata successfully implemented practices that prioritize environmental responsibility while ensuring operational efficiency. TecPlata’s …

Reinforcing its presence in the country’s entertainment scene, TECNO has been named the official smartphone partner of Billboard Philippines’ highly anticipated “Mainstage – The Year One Anniversary” event, a celebration of music and entertainment. Held on October 15 at SM MOA Arena, the milestone event showcased local talent and brought together some of the Philippines’ top musicians, celebrities, and rising …