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Fuel price spike clouds Cebu Pacific growth

Cebu Pacific, the budget carrier unit of the Gokongwei Group, is bracing for potential turbulence from rising global fuel prices, even as the Philippines’ largest budget airline continues to post steady passenger growth early this year.

World Bank backs Philippines reform agenda with $800M loan

The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.

Grab, MOVE IT launch fuel relief for drivers

Ride-hailing giant Grab and motorcycle taxi platform MOVE IT have rolled out an emergency support program for drivers as surging fuel prices threaten the earnings of thousands of transport workers across the Philippines.

Philippines eyes US-led Pax Silica, critical minerals pact with Canada

The Philippines is seeking to join the US-led Pax Silica Initiative while exploring a critical minerals partnership with Canada, as Manila steps up efforts to position itself in emerging supply chains tied to artificial intelligence, semiconductors and advanced manufacturing.

Philippines urges ASEAN investment certainty amid geopolitical uncertainties

The Philippines on Friday urged fellow members of the Association of Southeast Asian Nations (ASEAN) to reinforce policy stability and cooperation across the region, warning that rising geopolitical tensions are increasingly shaping investment flows and economic confidence.

Just in

Gilas men’s 3×3 sweeps opening Asian Games matches

Gilas Pilipinas Men’s 3x3 team wasted little time making its presence felt at the 2026 Aichi-Nagoya Asian Games, winning twice Monday and putting itself within touching distance of the quarterfinals.

Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Serial fuel price hikes hit households and businesses: adjustments staggered

Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

PH launches school milk program; 4.6 million learners to benefit

The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.
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