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President Marcos signs 2026 budget law, vetos unprogrammed items

President Ferdinand R. Marcos Jr. signed into law the P6.793-trillion 2026 General Appropriations Act (GAA), putting a firm stamp on a spending plan that prioritizes education, health care, and agriculture—while drawing clear boundaries against discretionary excess.

Del Monte cashes In on Sundrop

Del Monte Pacific Ltd. (DMPL) has completed the first phase of its planned exit from Indian food company Sundrop Brands Ltd., locking in fresh proceeds while advancing a broader portfolio rationalization strategy.

Globe, NCS seal APAC tech push

Globe Telecom Inc. has completed its joint venture with Singapore-based technology services firm NCS Pte. Ltd., strengthening its push to scale advanced ICT capabilities across the Asia-Pacific region.

ICTSI takes helm at Durban terminal

International Container Terminal Services Inc. (ICTSI), the global ports operator led by billionaire Enrique Razon Jr., has initiated formal management integration at Durban Container Terminal Pier 2 (DCT2), a major step in one of South Africa’s most significant port partnerships.

Vivant locks 15-year Siquijor power deal

Vivant Energy, the power arm of Cebu-based conglomerate Vivant Corp., has secured a 15-year Power Supply Agreement to deliver a dependable new electricity source for Siquijor as the island’s energy demand accelerates.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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