San Miguel Corp. (SMC) said land development work for the New Manila International Airport in Bulacan is progressing and follows international standards, with global dredging firm Boskalis Westminster continuing to support the project.
Cash remittances from overseas Filipinos reached US$3.17 billion in October 2025, bringing the total for January to October to US$29.20 billion, underscoring their continued role as a key driver of household spending and foreign exchange inflows in the economy.
As the Philippines intensifies efforts to contain African Swine Fever (ASF), global pork supply chains are adjusting, and Belgian exporters are positioning themselves as a dependable alternative source for the local market.
The Manila Electric Co., the country largest power distributor better known as Meralco, has launched a Competitive Selection Process (CSP) to secure 200 megaWatts of baseload renewable energy capacity, strengthening compliance with its Renewable Portfolio Standards obligations and signaling fresh momentum for green power procurement.
Listed energy firm Aboitiz Power Corp. said it has moved to fully acquire Ubay Solar Corp., strengthening its push to expand its renewable energy footprint in the Visayas.
The Clark International Airport Corporation (CIAC) earned a 99.56% rating from the Governance Commission for Government-Owned or -Controlled Corporations (GCG) in its 2025 Performance Scorecard — its best in three years.
Philippine inflation surged to 7.2 percent in September, matching the pace in April, which is the fastest rate in three-and-a-half years and putting the Bangko Sentral ng Pilipinas under renewed pressure to tighten monetary policy.
Aboitiz Power Corp. sold two 121-MW power barges to Visayas distributor MORE Electric and Power Corp., completing the transfer last Friday and announcing it Monday. Terms were undisclosed.
The Philippines’ economic rebound will depend heavily on how quickly public investment and construction activity recover, with the energy shock and domestic flood-control issues weighing on growth, according to the ASEAN+3 Macroeconomic Research Office (AMRO).