Petron Corp. on Monday listed on the Philippine Stock Exchange preferred shares to raise P16.83 billion for the country’s largest oil company with operations in Malaysia.
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Monday announced the creation of the Agricultural Cooperative Enterprise Development Services, essentially a support system designed to strengthen food security and improve farm productivity.
Chelsea Logistics and Infrastructure Holdings Corp., a debt-saddled company of Davao-based businessman Dennis Uy, said its recent liability management exercise has brought it financial relief and better financial results that it hopes to sustain with cost management and improved operational efficiency.
The Philippines is stepping up its push to revive Chinese arrivals, welcoming Air China’s inaugural Chongqing–Manila (CKG–MNL) flight on May 2 as a key milestone in rebuilding one of its most vital tourism markets.
Environment Secretary Juan Miguel Cuna visited an evacuation site on May 1 at Obando National High School, where around 120 families are staying after being displaced by heavy smoke from a landfill fire in Navotas.
The Philippines’ digital economy expanded to PhP 2.74 trillion in 2025, accounting for 9.8 percent of the country’s GDP, according to preliminary data. The figure marks a 5.4 percent increase from the P2.59 trillion recorded in 2024, signaling continued—though moderating—growth in the sector.
In a country increasingly dependent on non-wood forest products as timber supplies tighten, bamboo has become a practical stand-in for everything from furniture and handicrafts to panels and housing materials. It grows quickly, is widely available, and supports rural livelihoods.