MPCALA Holdings Inc., a subsidiary of Metro Pacific Tollways Corp. (MPTC), is on track to complete the Cavite-Laguna Expressway (CALAX) Governor’s Drive Interchange in the second half of 2025, a milestone expected to enhance regional connectivity and push economic expansion.
Ayala Land Inc. reported a strong financial performance for 2024, with net income climbing 15 percent to P28.33 billion, up from P24.5 billion the previous year.
Unioil Petroleum Philippines, Inc. has entered into a definitive investment agreement with Aramco. Under the agreement, Aramco, one of the world’s leading integrated energy and chemicals companies, will acquire a 25 percent stake in Unioil, one of the largest petroleum players in the Philippines.
Philippine Treasury bill yields climbed again at Monday’s auction, fueled by inflation concerns, tighter monetary policy expectations, and geopolitical uncertainties.
The Philippine Sugar Millers Association (PSMA) said the country currently has enough refined sugar supply, even as demand for locally produced sugar has weakened.
The Visayas power grid was placed under yellow alert on Monday, marking the sixth alert for the region this month due to ongoing power plant outages and reduced electricity supply.
The Philippine Airlines and Qatar Airways have expanded their strategic partnership to make travel between the Philippines, the Middle East, and Europe more seamless starting June 1, 2026.