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Cause-oriented and environmental groups expressed disappointment over the the Asian Infrastructure Investment Bank’s (AIIB) energy strategy that indicated that the Chinese-backed multilateral lender will continue to fund coal projects “subject to conditionalities.” 

Listed Philex Mining Corp. said resources identified in Bumolo porphyry copper-gold deposit, which is adjacent to its Padcal mine in the northern province of Benguet, have potential to add to the Padcal mine life beyond 2022.

Fewer than one in seven advertisements were designed to deliver a strong emotional message that consumers can quickly absorb, a new report from Kantar Millward Brown showed. 

By Riza Lozada The Department of Energy (DOE) has assured the local transport industry of its full support for the continued development of electric vehicles (EVs) or e-vehicles in the country as the agency recognizes EVs as the future of motoring. 

Union Bank of the Philippines (UnionBank) recently commemorated 25 years of being publicly listed with the Philippine Stock Exchange with an opening bell ringing ceremony at the PSE Ayala Trading Floor. 

The Philippine Charity Sweepstakes Office (PCSO) has no reason to under-declare its revenues under the expanded Small Town Lottery program, which generated P5.018-billion from January to May this year, up from the P2.066-billion earnings in the same period last year, PCSO General Manager Alexander Balutan said. 

Moody’s Investors Service affirming the country one-notch above investment grade is expected to further boost growth as it showed to prospective investors that the economy remains on track, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said.

By Riza Lozada  A computer glitch that lasted for two days had resulted in huge problems for the Ayala Group’s banking arm, Bank of the Philippine Islands (BPI), including a possible congressional probe. 

By Luis Leoncio  Economic managers bared over the weekend a P3.767-trillion budget for next year, which is equivalent to 21.6 percent of the country’s gross domestic product (GDP) and represents a 12.4-percent increase from the P3.350-trillion allocation this year. 

Despite President Duterte’s decision to reject European Union (EU) grants and aid with conditions involving governance, the EU continues to offer financial assistance to the country.