The Philippines’ manufacturing engine is revving at its fastest clip in more than six years, signaling a decisive turn in the country’s industrial cycle.
MREIT, Inc., the real estate investment trust of Megaworld Corp., saw distributable income climbing 18 percent to P3.7 billion last year from 2024, lifted by higher occupancy and sustained leasing momentum.
Chairman Eusebio Tanco has tightened his grip on DigiPlus Interactive Corp., increasing his stake by 63,119,000 shares, equivalent to 1.4 percent of the company’s total issued and outstanding shares.
Rising geopolitical tensions in the Middle East are sending fresh shockwaves through global trade, and the Philippines is squarely in the blast radius.
Escalating conflict between the US and Iran has jolted global markets anew, driving crude prices toward seven-month highs of USD 67 per barrel and sharpening risks for oil-importing economies like the Philippines. For the peso, the spike is a familiar stress test: higher energy costs threaten to widen the trade deficit and reignite inflation pressures just as stability seemed within reach.
GMA Network Inc. has filed a request with the National Telecommunications Commission (NTC) to push back the scheduled analog television shutdown, saying key rules for a government support program meant to protect households are still not in place.
Philippine business and labor groups are urging the government to reduce the country’s exposure to China by diversifying suppliers, expanding trade links and rebuilding domestic manufacturing capacity, warning that diplomatic friction can quickly become an economic problem.
The Department of Transportation has deployed three extra train sets for the Metro Rail Transit Line 3 starting Monday to boost capacity and ease crowding as Metro Manila braces for heavier holiday‑season commuter traffic.
The Department of Tourism is tapping the drawing power of BINI and actor Alden Richards to promote Philippine destinations, linking pop culture with regional diplomacy, heritage and cycling tourism.