Boracay Water, a subsidiary of Manila Water Philippine Ventures, is reinforcing its commitment to environmental sustainability while supporting Boracay Island’s thriving tourism economy. The company has implemented a comprehensive water and wastewater management strategy to address the growing demand of tourism while ensuring operational efficiency.
GCash, the country's leading finance super app, has signed a memorandum of agreement (MOA) with the National Privacy Commission (NPC) to enhance data privacy awareness and provide vital educational resources to users nationwide. This collaboration underscores GCash’s commitment to promoting secure and accessible financial solutions while strengthening user trust through robust privacy measures.
The Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) provisional authority to implement a refund scheme amounting to P19.95 billion, covering an over-recovery of rates from 1 July 2022, to 31 December 2024. The scheme will be executed over 36 months, with refunds starting in the next billing cycle.
Jollibee Foods Corp. continued its steady expansion both locally and abroad, driving an 18 percent rise in net income to P10.32 billion last year. The growth keeps the company on track to meet its five-year goal of tripling net profit to P26 billion by 2028.
Cebu Pacific has posted a strong 26.3 percent increase in passenger number for February this year, a result that exceeded expectations for a typically lean month. The airline carried 2.2 million passengers during the period, up from 1.72 million in the same month last year, driven by a significant boost in seat capacity.
Far Eastern University (FEU) said that its board of trustees has approved setting aside P733.7 million from retained earnings to fund capital expenditures and expansion initiatives.
Clark is positioning itself as a prime hub for high-technology industries, leveraging its existing semiconductor, logistics, and advanced manufacturing ecosystems, the Clark Development Corp. (CDC) said.
The Philippines and the US are accelerating economic and trade cooperation, with initiatives that could generate up to one million jobs for Filipinos, the Presidential Communications Office (PCO) said.
Central Luzon is gaining momentum as the country’s next major manufacturing hub, with industrial investors increasingly drawn to locations backed by reliable power infrastructure and integrated utilities.