infrastructure

Mitsubishi to raise Ayala stake through P 44.5-billion deal

Mitsubishi Corp. is investing about P44.5 billion to substantially increase its stake in Ayala Corp.,…

BMI cuts 2026 PH growth outlook to 3.3% on infra woes

The Philippine economy is unlikely to mount a meaningful recovery in the third quarter amid…

SEC tightens accreditation rules for auditors of gov’t contractors

The Securities and Exchange Commission (SEC) has tightened audit requirements for companies with government contracts…

Aboitiz, ACCIONA set up facilities management joint venture

Aboitiz Construction Inc. has teamed up with global infrastructure company Acciona to enter the integrated…

DepDev puts Metro Manila at center of 30-year roadmap

The Department of Economy, Planning and Development (DepDev) is set to prioritize the Metro Manila…

US eyes Luzon corridor blueprint for SE Asia

Washington sees the Luzon Economic Corridor (LEC) as a potential template for developing similar growth…

PhilWeb gets 30% stake in JKS Tech

PhilWeb Corp. is acquiring a 30-percent strategic stake in JKS Tech Solutions Inc. for about…

BIZ BUZZ: Global power exec joins Prime Infra board

The country’s wealthiest man, Enrique Razon Jr., has welcomed one of the world’s energy leaders…

CPBRD flags DPWH 2027 budget increase

The Congressional Policy and Budget Research Department (CPBRD) flagged the Department of Public Works and…

India-based GMR Group still a go on Sangley airport project

Indian infrastructure giant GMR Group remains committed to the long-delayed Sangley Point International Airport (SPIA)…