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Meta stock rallies on layoff reports

Shares of Meta Platforms jumped about 3 percent Monday as investors bet that the reported potential job cuts could help offset the technology company's artificial intelligence spending. The stock of the company that owns Facebook, Instagram, WhatsApp and Threads closed 2.3 percent higher at USD627.45.

Frasco’s next tour: Resilience as policy 

When Christina Garcia Frasco left the helm of the Department of Tourism, it wasn’t quite a farewell tour—more like a change in itinerary. Now appointed Presidential Adviser for Sustainable and Resilient Communities by President Ferdinand R. Marcos Jr., the former tourism chief is swapping travel brochures for the less glamorous but arguably more urgent business of resilience policy.

Metrobank taps ESG appetite with P5B bonds

Metropolitan Bank & Trust Co., the country’s second largest lender by assets, has launched an offering of peso-denominated sustainability bonds, seeking to raise at least P5 billion as the bank deepens its funding base while riding growing investor demand for environmental, social and governance (ESG) assets.

PCPPI pushes digital turnaround, aims to outpace Philippine GDP growth

The local bottler of Pepsi said a two-year digital transformation program is beginning to improve service, expand reach over a throng of neighborhood retailers more known as sari-sari stores, and support a goal of revenue growth exceeding the Philippines’ expected GDP expansion this year.

DA eyes P1B in Investment deals from global agri forum

The Department of Agriculture (DA) expects up to P1 billion in investment deals during the first Philippine edition of the Hand-in-Hand National Investment Forum 2026 next month.

Just in

BYD Philippines ramps up EV push amid demand

Electric vehicle (EV) momentum is accelerating in the Philippines, with BYD Philippines doubling down on expansion as it banks on rising consumer interest, stronger sales and a cost-driven value proposition.

Gov’t targets 2027 to settle CARS dues

The government is aiming to fully settle its remaining obligations under the Comprehensive Automotive Resurgence Strategy (CARS) Program by 2027, according to Ceferino Rodolfo, managing head of the Board of Investments.

DOE: Fuel prices set for big rollback next week

The Department of Energy (DOE) said fuel prices will go down next week, with minimum rollbacks estimated at ₱4.43 per liter for gasoline, ₱20.89 for diesel, and ₱8.50 for kerosene.

DOE to hold remaining ASEAN energy meetings online

The Department of Energy (DOE) said all remaining ASEAN energy meetings for 2026 will be held virtually to save costs and use resources more efficiently.
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