Aboitiz Equity Ventures, Inc. (AEV) has been named to the 2026 Fortune Southeast Asia 500 — its third consecutive year on the list of the region’s largest companies by revenue. Its affiliate, UnionBank, also made the ranking.

The Philippines secured a strong showing in the 2026 Fortune Southeast Asia 500, with 42 companies earning spots on the prestigious ranking, reflecting the growing scale and influence of the country's largest corporations within one of the world's fastest-growing economic regions.

Listed technology firm Cirtek Holdings Philippines Corp. is divesting a substantial portion of its US-based antenna business in a move that signals a continued effort to streamline operations and sharpen its strategic focus amid evolving conditions in the global telecommunications sector.

Manila Water Company, via its social development arm Manila Water Foundation (MWF) and unit Manila Water Philippine Ventures-Cebu, joined forces with Manny Pacquiao Holdings and Sarangani’s disaster office to launch water relief in Malapatan and Glan towns, following the magnitude 7.8 earthquake that struck Soccsksargen.

First Gen independent directors reaffirm support for Prime Infra’s pumped-storage hydro projects Energy The independent directors of First Gen Corp. have reiterated their backing for the company’s investment in two pumped-storage hydroelectric (PSH) projects developed by Prime Infrastructure Capital Inc. (Prime Infra). In a statement, the directors said they fully complied with their fiduciary duties, applying independent and objective judgment when reviewing the 600-megawatt Wawa PSH in Rizal and the 1,400-MW Pakil PSH in Laguna. After a thorough assessment, they concluded both projects will bring clear benefits to First Gen and its shareholders. Based on detailed financial reviews, the directors expressed confidence that the estimated P16 billion in annual earnings from First Gen’s 33 percent stake in the facilities is well-supported. Beyond financial returns, the 2,000-MW combined capacity will strengthen the country’s power supply security and lower dependence on imported fossil fuels. As clean, renewable facilities with zero emissions, the projects will also help the Philippines cut carbon output. The directors noted the government has recognized both as Energy Projects of National Significance, with benefits extending to consumers and other stakeholders. At the time of investment, Prime Infra had already advanced key milestones—including financial closing, securing permits, signing supply agreements, and starting construction—at its own cost. These steps reduced typical large-infrastructure risks, justifying the valuation and premium paid, which follows standard mergers and acquisitions practice. They also explained that the requested Change of Management Control clause is common in major energy infrastructure deals, designed to ensure the projects are run by parties with proven technical and operational capability. The agreed valuation of P61.87 billion for the 33 percent stake was deemed fair and reasonable, reflecting the years of work and resources Prime Infra invested to de-risk and develop the projects. “We stand firmly behind our decision to support both projects, which received unanimous approval from the entire First Gen board,” the directors said.

ACEN Corp. has announced its affiliate, Unlimited Renewables Holdings, signed agreements to acquire as much as 49 percent of Tejorupa Renewables India Project Private Limited, through partner Diamond India Renewables One B.V. (DIRO).

The National Grid Corporation of the Philippines (NGCP) announced on Monday lower overall transmission rates that will appear in consumers’ June 2026 electricity bills.

The Department of Energy (DOE) projects mixed fuel price changes this week, amid progress on a US-Iran peace deal that may reopen the key Strait of Hormuz oil route.

Property and hospitality giant Megaworld is exploring expansion opportunities within the Zamboanga City Special Economic Zone and Freeport Authority (ZAMBOECOZONE), signaling growing investor interest in emerging growth corridors outside the country’s traditional urban centers.

The supply of warehouses in Metro Manila is coming under increasing pressure as soaring land values drive the conversion of industrial properties into higher-yield residential and commercial developments, according to property consultancy Colliers.

The government is tightening its grip on cement quality control, rolling out stricter certification requirements aimed at preventing substandard imports from reaching construction sites before passing mandatory inspections.

Central Luzon could soon add another major investment magnet to its growing economic landscape as the Department of Trade and Industry (DTI) explores collaboration opportunities with Leonio Land Holdings, Inc. (LLHI) for a proposed Dual-Zone Eco-Innovation Estate that aims to blend industrial development, technological innovation, and sustainable tourism.

Artificial intelligence is rapidly transforming recruitment in the Philippines, changing how companies find talent and how job seekers position themselves in an increasingly competitive labor market.

Toyota Motor Philippines Corp. (TMP) is taking a significant step in its digital transformation journey by moving away from the traditional model of owning and maintaining data center infrastructure and embracing a colocation-based approach through a partnership with VITRO Inc.

ACEN Corp. has announced its affiliate, Unlimited Renewables Holdings, signed agreements to acquire as much as 49 percent of Tejorupa Renewables India Project Private Limited, through partner Diamond India Renewables One B.V. (DIRO).

PLDT Enterprise rolled out free WiFi in quake-hit areas — General Santos City, Sarangani, Glan, Jose Abad Santos, and parts of Davao Occidental — serving thousands of residents.

The Philippine Senate has a remarkable talent for proving that history never really leaves the chamber. It merely changes surnames.

The Senate has been regarded as the last bastion of democratic dissent—a chamber where statesmen stood their ground, challenged power, and refused to let their voices be drowned out by political pressure or executive overreach. It was where difficult questions were asked, unpopular truths were spoken, and silence was treated not as a virtue but as a surrender.

If anyone still believed the Philippine Senate had reached rock bottom, the May 25 session suggested there was, in fact, a trapdoor beneath the floor.

The sudden leadership shake-up in the Senate ahead of the impeachment trial of Vice President Sara Dutertel may yet prove a poisoned chalice—a glittering prize that offers control today but threatens political liability tomorrow.