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TELUS Digital trims attrition amid AI expansion drive

TELUS Digital Philippines said its employee-centered approach to artificial intelligence adoption helped lower attrition and strengthen workforce engagement in 2025.

McDonald’s fuels Tour of Luzon sustainability push

McDonald’s Philippines is ramping up its sustainability and active mobility campaign by backing the 2026 Tour of Luzon as the official meal provider of the country’s premier cycling event.

Asia United hits record profit, expands market

Asia United Bank (AUB) posted a record net income of P3.2 billion in the first quarter as the bank sustained strong profitability amid a challenging global economic environment.

TP ICAP op me new Philippine operations hub 

British financial markets infrastructure and data provider TP ICAP has expanded its Philippine footprint with the opening of a new facility at the Philippine Economic Zone Authority-accredited ECOPRIME Building in Bonifacio Global City.

Rockwell Land Q1 profit surges on growth

Rockwell Land Corp., the listed property developer of Lopez Inc., reported a 67 percent increase in net income attributable to the parent company for the first quarter, driven by residential sales and recognition of revenue from the Alabang Commercial Center (ACC).

Just in

Foreign currency reserves stand at US$104 billion in May; remains strong buffer for economy

The country’s gross international reserves (GIR) reached US$104 billion as at end-May this year, according to preliminary figures from the Bangko Sentral ng Pilipinas (BSP). This reflects a slight drop from the previous month, caused mainly by the national government withdrawing funds from its foreign currency deposits with the central bank to pay off foreign debts, lower value of the BSP’s gold holdings due to falling global gold prices, and net foreign exchange transactions carried out by the central bank.

Auto industry seeks incentives beyond EV transition

The Philippine automotive industry is renewing its push for a performance-based incentive program similar to the discontinued Comprehensive Automotive Resurgence Strategy (CARS), arguing that both internal combustion engine (ICE) and electrified vehicle production will be necessary to sustain local manufacturing and meet evolving market demand.

SM Hotels assigns Siega to Cebu’s MICE giant

Janytte Siega is stepping into one of the most significant roles in the Philippine meetings and events industry as SM Hotels and Conventions Corp. (SMHCC) taps the seasoned hospitality executive to lead SMX Convention Center Seaside Cebu ahead of its scheduled opening in November 2026.

Philippines, Japan expand food security pact to cover fisheries 

The Philippines and Japan have broadened their agricultural cooperation to include fisheries, upgrading a 2023 agreement through an enhanced Memorandum of Cooperation (MOC) signed during President Ferdinand R. Marcos Jr.’s state visit to Japan. Signed by Agriculture Secretary Francisco P. Tiu Laurel Jr. and Japanese Agriculture Minister Norikazu Suzuki, the expanded pact aims to speed up technology transfer, modernize both sectors, and strengthen food security amid climate risks, higher production costs, and rising food demand.
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