Vista Land & Lifescapes Inc., the property development arm of the Villar Group, reported a 5 percent increase in first-quarter net income to ₱3.39 billion, up from ₱3.22 billion a year earlier, reflecting stable financial performance and continued market demand across its real estate segments.
The Department of Agriculture (DA) reported that damage to the agriculture sector from the Intertropical Convergence Zone (ITCZ) has surged to P12.25 million, significantly rising from P1.18 million on May 22.
The Department of Energy (DOE) has assured continued fuel deliveries to Samar and surrounding regions despite new logistical challenges posed by a 3-metric ton (MT) weight restriction on the San Juanico Bridge, a critical link between Leyte and Samar. The restriction effectively prevents standard fuel tankers—typically weighing 19–20 MT—from using the bridge, prompting a major shift in fuel logistics.
Metro Pacific Tollways Corp. (MPTC) has expressed its readiness to open the NLEX-SLEX Connector Road toll-free to the public in support of easing traffic during the major EDSA rehabilitation project scheduled to start next month.
The Department of Information and Communications Technology (DICT) announced sweeping reforms for the Private Express and/or Messengerial Delivery Service (PEMEDES) sector aimed at improving rider welfare and enhancing service accountability across the growing delivery industry.
The Philippines and the European Union are closing in on a free trade agreement (FTA), moving in step with the target set by Trade Secretary Cristina Roque to wrap up negotiations by June or July this year.
DHL Express is ramping up its push into heavyweight air cargo with the worldwide rollout of Heavy Weight Express (HWX), a new premium service aimed at businesses needing faster and more dependable delivery for large shipments.
Local fuel prices are poised to increase once more, with gasoline expected to go up by P0.80 to P1.00 per liter and diesel by P0.40 to P0.60 per liter this week, according to an anonymous local fuel retailer. The projection is based on five-day average global trading rates, full-week Platts Singapore price benchmarks, peso-dollar exchange shifts, and changes in cargo premiums.
Cebu Pacific (CEB) has taken delivery of a new Airbus A320neo in Manila, the second of four such planes expected this year and part of a total seven NEO aircraft slated to join its fleet in 2026.