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Philippine auto sales dip as EV demand accelerates

Vehicle sales in the Philippines weakened in the first quarter of 2026, even as electrified mobility continued to gain momentum, according to industry data from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).

Salmon Group raises $100 million to expand in the Philippines

The Salmon Group has raised US$100 million in fresh funding, marking a major leap in its push to expand across the Philippines’ fast-growing financial services market. The round was heavily oversubscribed, signaling strong investor confidence in the company’s rapid rise and long-term vision.

Takeda model boosts access, wins dual awards

Takeda Healthcare Philippines, Inc. has secured two top honors at the Healthcare Asia Pharma Awards 2026, earning Most Differentiated Service of the Year – Philippines and Patient Advocacy Program of the Year – Philippines. The recognition highlights a patient access model that is helping more Filipinos complete treatment despite persistent cost and system barriers.

Marcos moves to repatriate Zaldy Co

President Ferdinand Marcos Jr. on Monday said the government is taking all legal steps to secure the return of former Ako-Bicol partylist congressman Zaldy Co, who was apprehended in Prague last week and remains under Czech custody. Marcos said he has directed the Departments of Justice and Foreign Affairs to coordinate with Czech authorities and deploy a high-level team to oversee proceedings, stressing that extradition follows strict legal processes. “We will bring Zaldy Co home and we will do so in accordance with the law,” he said, adding the former lawmaker will answer to the Filipino people.

Loan growth drives BPI Q1 profit, margin gains

Bank of the Philippine Islands (BPI) posted a solid start to 2026, with first-quarter net income rising to P16.9 billion, up 1.7 percent year-on-year and 4.9 percent quarter-on-quarter, supported by stronger lending, wider margins, and resilient fee income.

Just in

Romualdez breaks silence, rejects scapegoat role

Leyte congressman Ferdinand Martin Romualdez vowed he will not be a scapegoat in the flood control controversy, opening his records and challenging critics to “follow the evidence.” Ending weeks of silence, the former House Speaker released his affidavit and documents, insisting he has nothing to hide and has fully cooperated. He dismissed corruption claims as “absurd,” stressing budgets are collectively crafted while project execution lies with the executive, urging investigators to pursue accountability across the entire chain, not convenient targets.

DA urges more agri truckers to sign up for free toll program

The Department of Agriculture (DA) is calling on more agricultural transporters to register for its free tollway program, aimed at keeping food supply steady and prices low during the ongoing national energy emergency.

PH seeks fertilizer supply deal with ASEAN, studies local plant amid price surge

The Department of Agriculture (DA) said it is taking steps to secure a stable fertilizer supply as prices continue to rise.

AG&P eyes Albay ecozone in expansion push

The Philippine Economic Zone Authority is stepping up efforts to draw manufacturing investments in traditional hubs, pitching a proposed ecozone in Albay as a potential expansion site for Atlantic, Gulf & Pacific Co.
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