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APECO rolls out ready-for-fit-out bid

The Aurora Pacific Economic Zone and Freeport Authority (APECO) has opened competitive bidding for a ready-for-fit-out (RFFO) commercial building, signaling a push to tighten its investor-readiness playbook and accelerate enterprise entry into the ecozone.

PCC flags mobile number portability promise, awareness gap

The Philippine Competition Commission (PCC) has flagged low public awareness and massive unused system capacity as key constraints limiting the competitive impact of the country’s Mobile Number Portability (MNP) law, despite early signs that it nudged telecommunications firms to sharpen their game.

SM Cebu Arena aims to become marquee event spot

SM Prime Holdings is making a bold play to turn the Visayas into the country’s next marquee events corridor, banking on the SM Seaside Cebu Arena to draw global acts, foreign fans and fresh investment outside Metro Manila.

Mitsubishi rolls out 900,000th L300 unit

Mitsubishi Motors Philippines Corporation (MMPC) has marked a major manufacturing milestone with the rollout of its 900,000th Mitsubishi L300, underscoring more than four decades of local vehicle assembly and steady production growth.

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.

Just in

Weak peso, broad gains across Philippine economy

Amid concern over the peso’s slide, exporters are reframing the narrative: depreciation is no longer a one-sided drag, but a broader source of gains.

Peso falls to record low vs USD as Iran retaliates, oil soars

The Philippine peso tumbled to a fresh record low on Thursday, breaching the P60-per-dollar mark, as escalating geopolitical tensions in the Middle East and surging oil prices rattled markets and drove investors toward the safety of the US dollar.

PCA rejects full suspension of biodiesel blend amid Middle East conflict

The Philippine Coconut Authority (PCA) says it does not support proposals to fully suspend the country’s biodiesel blending program, despite rising global fuel prices linked to the Middle East conflict.

Jollibee Group wins top global workplace honor, sets benchmark for Filipino companies

The Jollibee Group has secured one of the world’s highest workplace recognitions, earning the Gallup Exceptional Workplace Award (GEWA) with Distinction from Gallup for its outstanding employee engagement and people-first culture.
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