The Bangko Sentral ng Pilipinas (BSP) announces the Discount Window Facility (DWF) applicable interest rates effective Feb. 10. The new rates are as follows: A. Peso Loan Maturity/ Rate (%)1 – 90 days — 6.922591 – 180 days — 7.0950 B. United States (US) dollar Loan Maturity/ Rate (%)1 – 90 days — 6.8028091 – 180 days — 6.80280181 – …
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Retired Justice Stephen Caperiña Cruz was re-elected as Chairman of the Board of Directors of the Philippine Postal Corporation (PHLPost). Justice Cruz officially took his oath beforePostmaster General and CEO Luis D. Carlos and the Board of Directors last Feb. 4. The oath-taking ceremony was also attended by the Board of Directors, including Ricardo R. Blancaflor, Noel V. Dacasin,and Ernesto …
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Estate Water, an operating unit of Manila Water Non-East Zone subsidiary Manila Water Philippine Ventures (MWPV), recently celebrated its ninth anniversary in the water service industry by commemorating their major feats in the past year. Established in 2016, Estate Water is a recognized water and wastewater service provider with expertise on sustainable construction, development, improvement, management and operation of water …
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The Department of Trade and Industry (DTI) and the Department of Public Works and Highways (DPWH) have renewed their commitment to the Roads Leveraging Linkages for Industry and Trade (ROLL IT) Program in Iloilo. This collaboration focuses on completing ongoing projects from 2018 to 2024, supported by a P130 million funding allocation for nine road infrastructure projects in the region. …
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The Manila International Container Terminal (MICT), International Container Terminal Services Inc.’s (ICTSI) flagship operation and the Philippines’ largest and most advanced container terminal, continues to invest in expanding capacity and improving terminal efficiency through infrastructure enhancements, equipment upgrades, and digital transformation. These investments support growing trade volumes as well as advance customer service. To meet rising demand, MICT is constructing …
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LandBank and Yovel East Research and Development, Inc. (Yovel East) have partnered to further intensify support for Filipino farmers through accessible and increased financing and greater private-sector collaboration. The partnership is set to expand the reach and impact of the LandBank AGRISENSO Plus Lending Program– designed to provide holistic and strategic support for key players in the agricultural value chain– …
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Victoria International Container Terminal (VICT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Melbourne, has purchased four new hybrid automatic container carriers (ACCs) from Kalmar to expand capacity and reduce emissions. The new carriers, scheduled for delivery in 2025, will each feature a twin-box lifting capacity of up to 60 tons and Kalmar’s latest hybrid technology with …
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BDO Unibank Inc. (BDO)has allocated its first ASEAN Sustainability Bond (ASB) of P52.7 billion for green and social projects. In its report, the BDO said allocated the bond proceeds to projects that address environmental and social challenges, following eligible categories under its comprehensive Sustainable Finance Framework. “BDO’s 2nd ASEAN Sustainability Bond Impact Report underscores our dedication to financing projects that …
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P.A. Properties Hankyu Hanshin, a partnership between P.A. Properties Alvarez Properties and Development Corp. and Japan’s Hankyu Hanshin Properties Corporation, has officially launched a new phase of Idesia Heights in Dasmariñas, Cavite. The launch event of the expansion, which introduces 76 units of the popular Fuji model, took place at Hotel Okura Manila. The new phase marks another milestone in …
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Manila Water Foundation (MWF), the social development arm of Manila Water Company, has received two Silver Anvils in the 60th Anvil Awards Gabi ng Parangal. Manila Water Foundation bagged the first silver Anvil under the Public Relations Program – Sustainability Communications category, with its partner Prime Infra Foundation, for their entry “Digging Deep Together: A Water System for the Katutubo …
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