Oracle Corp. shares tumbled 11 percent on Thursday after the company reported earnings that intensified investor worries about the rising debt behind the industry’s race to build AI data centers.
The Board of Investments (BOI) has cleared P26.43 billion worth of fresh investments, giving the government’s industry roadmap a solid boost as it pushes for growth across services, manufacturing, housing, and clean energy.
Toyota Motor Philippines (TMP) has officially switched on its full-electric era with the December 11 rollout of the all-new bZ4X, the company’s first Battery Electric Vehicle (BEV) under the Toyota brand—and the clearest signal yet that the country’s No. 1 automaker is ready to push EVs into the Filipino mainstream.
The Department of Agriculture (DA) and the CIDG–PNP raided two Solid Sea Products cold storage warehouses in Navotas City on Thursday after finding frozen meat and fish allegedly stored in unsafe and unsanitary conditions.
The Department of Energy (DOE) said Tuesday it is closely monitoring two active drilling sites in Palawan’s Malampaya natural gas field. Initial results from the wells are expected by the end of the quarter.
ACEN Corp. will spend more than ₱80 billion in capital expenditures (capex) in 2026 as it aims to grow its total power generation capacity to over 8,000 megawatts (MW), covering both operational and under-construction projects by year-end.
The Philippine Stock Exchange index (PSEi) may climb back to the 7,000-point level in 2026, a milestone seen as catching up with regional markets. Investment and Capital Corporation of the Philippines (ICCP) CEO Manny Ocampo said lower interest rates should boost consumer spending, which in turn supports overall market sentiment.