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PHINMA pushes expansion on growth amid headwinds

PHINMA Corp. closed 2025 with modest profits but heavy investments, as the diversified conglomerate poured capital into education, construction materials, property and hospitality projects to build its next phase of growth.

FedEx moves Manila hub near NAIA 

Federal Express Corporation (FedEx) has relocated its Manila gateway and FedEx Worldwide Service Center (WSC) closer to Ninoy Aquino International Airport (NAIA) to improve shipping access and strengthen logistics connectivity for businesses and travelers.

US medical glove firm eyes Philippine factory

A planned investment by the US Medical Glove Co. (USMGC) in the Philippines could create more than 2,000 jobs, President Ferdinand R. Marcos Jr. announced after meeting company executives in New York City on Monday.

Deadline extended: BCDA woos ICT investors

The Bases Conversion and Development Authority (BCDA) has extended the proposal deadline for its P2.5-billion New Clark City ICT project, aiming to woo more private investors into a public-private joint venture.

Filipino billionaires rise as infrastructure drives wealth

Port tycoon Enrique Razon Jr. leads the Philippines’ contingent on the Forbes 2026 Billionaires List, ranking 175th globally with an estimated net worth of USD16.5 billion, making him the richest Filipino this year.

Just in

Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.

SEC urges manufacturers to tap capital markets for expansion

For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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