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Broad coalition seals pact for cleaner builds

A rare alliance of government, church, business and local executives has formalized a transparency push aimed at tightening oversight of billions of pesos in public works.

Toyota ramps up localization, flags tariff gap 

Toyota Motor Philippines Corp. (TMP) is stepping harder on the gas of localization, lifting domestic sourcing to sharpen cost competitiveness while pressing policymakers to revisit tariff disparities under a key trade pact with Japan.

RCBC earnings climb in 2025 on consumer push

Rizal Commercial Banking Corp., the country’s sixth largest lender by assets and a flagship of the Yuchengco Group, grew full-year 2025 net income by 11 percent to P10.6 billion, riding a strong wave of consumer lending and fee expansion.

Soils may hold secret to holding off Panama disease

Cavendish bananas may be golden for the Philippine economy, but their sweet streak faces a bitter threat. Fusarium wilt, famously dubbed Panama disease, has been ravaging plantations and threatens the livelihoods of millions of farmers across Mindanao. 

BIR rolls out friendly nationwide tax audits

In a shift from stern audits to street-level support, the Bureau of Internal Revenue (BIR) fanned out across the country on February 23 for a Nationwide Simultaneous Friendly Tax Compliance Verification Drive (TCVD), putting dialogue ahead of discipline.

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MWIS bags ‘B’ ESG Rating from Synesgy

Manila Water Infratech Solutions (MWIS) has earned a ‘B’ 2026 ESG Rating from global assessment platform Synesgy, marking a key milestone in its sustainability journey.

Ticket costs rise as CAB hikes fuel surcharge

Airline tickets will cost more in the first half of October after the Civil Aeronautics Board (CAB) raised fuel surcharges in response to steeply rising jet fuel prices. In an official advisory, the CAB announced both domestic and international passenger and cargo fuel surcharges will move to Level 17 from October 1 through 15, up from Level 14 applied during the latter half of September.

SMPC pushes for fair, capability-based bidding rules for coal sites

Semirara Mining and Power Corp. is calling on the Department of Energy to ensure fair process in updated bidding rules for pre-identified coal areas, stressing bidders must be pre-qualified on technical skill, experience, and financial strength.

PEZA, BEZA advance ecozone plans in Bangsamoro provinces

The Philippine Economic Zone Authority (PEZA) and Bangsamoro Economic Zone Authority (BEZA) are moving to develop proposed economic zones in Tawi-Tawi, Basilan and Maguindanao del Norte, potentially opening new investment and job opportunities across the Bangsamoro region.
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