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ABS-CBN targets return to profitability by 2026 on debt cuts, ad gains

ABS-CBN Corp. is projecting a return to profitability within the next 18 months, citing substantial debt reduction and a rebound in advertising revenue as key drivers of its financial turnaround.

Aboitiz Power gets SEC nod for P30B bond sale

Aboitiz Power Corp. on Thursday received regulatory clearance from the Securities and Exchange Commission (SEC) to begin the public offering of its fixed-rate retail bonds, marking a key step in the company’s P100-billion shelf registration program.

Megaworld subsidiary launches P5B Nasugbu township

Global-Estate Resorts Inc., a subsidiary of property developer Megaworld Corp., said it will develop Nascala Coast, a 116-hectare integrated tourism and leisure township in Nasugbu, Batangas. 

DICT Rallies Support for ‘Konektadong Pinoy Act’ to Bridge Digital Divide

The Department of Information and Communications Technology (DICT) is urging lawmakers to pass the proposed Konektadong Pinoy Act, alongside expanding its Free Wi-Fi for All Program, in a bid to strengthen the country’s mobile connectivity and address digital inclusion gaps.

PGH breaks ground on P675M specialty center

The Philippine General Hospital (PGH) has officially broken ground on its newest facility — a 16-story Pediatric and Adult Specialty Center — in a major push to expand access to specialized healthcare for Filipinos.

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Nestlé PH, Robinsons Supermarket launch sachet recycling initiative

Nestlé Philippines and Robinsons Supermarket have partnered to install 10 reverse vending machines, or Smart Eco-llection Bins (SEBs), in select Metro Manila branches to collect and recycle sachets. Supported by Restore Solutions PH and Robinsons Malls, the collected sachets will be turned into durable boards for making furniture.

DENR suspends Davao landfill after fatal trash slide; Misamis Oriental steel mill still non-compliant

The Department of Environment and Natural Resources (DENR) has suspended operations at the Davao City sanitary landfill following a trash slide on May 20 that killed one person, injured two others, and left two missing.

Agri group urges rejection of proposed nutrient model over food security fears

The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is asking President Marcos Jr. to reject the 2026 Philippine Nutrient Profile Model (PNPM) proposed by the Department of Health.

DA files complaint over P94M ‘ghost’ road projects in Davao Occidental

The Department of Agriculture (DA) has filed formal complaints with the Ombudsman against Department of Public Works and Highways (DPWH) officials and private contractors over eight alleged "ghost" Farm-to-Market Road (FMR) projects in Davao Occidental worth around P94 million. These projects, meant to help farmers, were reportedly paid in full but never built.
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