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Tokyo Gas Co., Ltd (Tokyo Gas), Japan’s largest natural gas utility company, has completed its acquisition of a 20 percent equity ownership in FGEN LNG Corporation (FGEN LNG), a subsidiary of First Gen Corporation (First Gen). FGEN LNG is the owner and operator of a liquefied natural gas (LNG) terminal project at the First Gen Clean Energy Complex in Batangas City (LNG Terminal).

The Philippines on Wednesday reported a 20.4 percent increase in meat imports totaling 1.45 billion kilograms, according to the Bureau of Animal Industry (BAI). This compared against only 1.2 billion kg imported in 2023, highlighting a growing dependency on foreign meat supplies.

The Philippines has taken a major step in its economic revitalization efforts with the signing of the Implementing Rules and Regulations (IRR) for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act. Finance Secretary Ralph G. Recto said this development sends a clear message that the country is ready to compete on a global scale, offering stability and an investment-friendly environment.

Enstack, a leading mobile app supporting over 200,000 entrepreneurs with independent online stores, has announced a strategic collaboration with GGives and BillEase to integrate Buy Now, Pay Later (BNPL) payment options. This partnership aims to provide small and medium-sized businesses (SMBs) with more flexible and secure payment methods, enabling them to better compete in the e-commerce space.

Aboitiz Power Corp. subsidiary SN Aboitiz Power Group (SNAP) has secured financing from major banks for the expansion of its battery energy storage system (BESS) projects. The financing will fuel the development of two large-scale BESS facilities, set to enhance grid reliability and support the country's renewable energy (RE) ambitions.