The government is aiming to fully settle its remaining obligations under the Comprehensive Automotive Resurgence Strategy (CARS) Program by 2027, according to Ceferino Rodolfo, managing head of the Board of Investments.
The Department of Energy (DOE) said fuel prices will go down next week, with minimum rollbacks estimated at ₱4.43 per liter for gasoline, ₱20.89 for diesel, and ₱8.50 for kerosene.
The Department of Energy (DOE) said all remaining ASEAN energy meetings for 2026 will be held virtually to save costs and use resources more efficiently.
Filinvest Development Corp. (FDC) said its real estate business could be significantly affected by the ongoing economic strain linked to the Middle East conflict and slower growth in the Philippines.
Clark Development Corp. (CDC) has launched an automatic business permit renewal system for qualified locators, marking a major step in its drive to improve the ease of doing business in the Clark Freeport Zone.
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has donated more than 6,500 school buildings, equivalent to over 13,000 classrooms, across the Philippines over the past 65 years, supporting efforts to improve educational access in underserved communities.
SM Hotels and Conventions Corp. (SMHCC) has earned dual recognition at the Asia CEO Awards 2026, receiving Circle of Excellence honors in Sustainability Company of the Year and Diversity Company of the Year for its environmental initiatives, inclusive workplace policies and responsible hospitality practices.
FAST Logistics Group is strengthening its Cebu operations to help local businesses reach markets across the Philippines, offering integrated transportation, warehousing and distribution services that could reduce the cost and complexity of nationwide expansion.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.