Tuesday, 30 December 2025, 1:38 pm

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    San Miguel’s Ang nixes political “caretaker” rumor

    San Miguel Corp. chairman and CEO Ramon S. Ang slammed the brakes on fast-spreading rumors that he is being eyed as a political “caretaker” amid intensifying national ructions, calling the chatter pure fiction.

    eCommerce surge powers Walmart’s breakout quarter

    Walmart Inc. shares jumped Thursday after the retail giant delivered a standout third quarter, fueled by double-digit global eCommerce growth and steady US demand.

    Maynilad launches new facility, safeguards Laguna Lake

    Maynilad Water Services Inc., the country’s largest water concessionaire by customer base, has expanded its wastewater footprint in southern Metro Manila with the inauguration of the 20-million-liter-per-day (MLD) Tunasan Water Reclamation Facility (WRF) in Muntinlupa City, boosting efforts to protect Laguna de Bay and improve sewerage coverage in the West Zone.

    Valuation shock shatters an industry titan

    November 13, 2025 will not fade easily from the memory of Manuel Villar. For the Filipino property magnate—ranked the country’s third wealthiest by Forbes—that date marked a reckoning. His flagship investment holding firm, Villar Land Holdings Corp., formerly Golden M.V. Holdings, finally submitted its long-delayed 2024 audited annual report to the Philippine Stock Exchange (PSE). The filing arrived seven months past deadline—and detonated like a financial depth charge.

    DA seeks stronger hydropower-agriculture link

    Agriculture Secretary Francisco Tiu Laurel Jr. on Wednesday called for stronger coordination between the country’s hydropower and agriculture plans, saying water-based energy projects can boost food security, support rural development, and help the Philippines hit its renewable-energy targets.

    Just in

    Human Settlements expands rentals, targets 10 projects in 2026

    The Department of Human Settlements and Urban Development (DHSUD) said at least 10 additional rental housing projects are set to be launched in the first quarter of 2026, reinforcing rental housing as a core modality under the Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program, according to the agency’s yearend report.

    Amplefield bets P930M on PEZA warehouse expansion

    Amplefield Malvar Inc., a unit of Singapore-listed Amplefield Ltd., is committing P930 million to develop 13 PEZA-ready warehouse buildings at the LIMA Technology Center in Batangas, reinforcing Southern Luzon’s appeal as a manufacturing and logistics hub.

    Anglicotech doubles down on APECO defense play

    US-based defense supply chain firm Anglicotech LLC has reaffirmed its investment commitment in the Aurora Pacific Economic Zone and Freeport Authority (APECO), signaling sustained confidence in the Philippines as a hub for defense, security, and logistics services.

    Business groups back DOF tax audit reforms

    Support for reforms initiated by the Department of Finance at the Bureau of Internal Revenue is gaining momentum, with leading business groups hailing the measures as a confidence boost for investors and a reset for tax administration.
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