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DA trims 2025 palay production forecast amid flooding; record output still eyed

The Department of Agriculture (DA) has scaled back its rice production target for 2025, citing widespread flooding in key agricultural areas. But even with the adjustment, the DA said the country is still on track to surpass its high palay harvest this year.

DigiPlus launching major international expansion in Brazil

Online gaming company DigiPlus Interactive Corp. announced it will launch operations in Brazil on September 22, marking its first major international expansion and a strategic move into one of Latin America’s fastest-growing online gaming markets.

PH charts new path with creativity-driven tourism at CTC 2025

The Tourism Promotions Board (TPB) successfully concluded the Creative Tourism Conference (CTC) 2025, held from 3 to 4 September at the historic Metropolitan Theater in Manila, marking a pivotal moment in the country’s tourism strategy. With the theme “Crafting Pathways: Synergizing Tourism and Creativity,” the event gathered tourism leaders, artists, and innovators to forge a new, creativity-led direction for Philippine tourism.

Petron accepts USD387M tender, exchange offer

Petron Corp., the oil refining and distribution arm of San Miguel Corp., has accepted a total of USD387.4 million in principal amount of existing securities tendered...

LBC fully settles USD39M convertible bond obligation

LBC Express Holdings Inc. has completed the full settlement of its outstanding obligations with CP Briks Pte. Ltd., covering the remaining principal amount of USD39 million plus accrued...

Just in

Philippines courts West Coast firms for investment and jobs

The Philippines is seeking to convert longstanding trade ties with the US into investment, technology partnerships and employment, highlighting USD8.5 billion in approved projects in the second quarter of 2026 as it courts West Coast businesses.

FFCCCII expands rural education with 13,000 classrooms nationwide

The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has donated more than 6,500 school buildings, equivalent to over 13,000 classrooms, across the Philippines over the past 65 years, supporting efforts to improve educational access in underserved communities.

SM Hotels earns dual Asia CEO Awards honors for sustainability, diversity

SM Hotels and Conventions Corp. (SMHCC) has earned dual recognition at the Asia CEO Awards 2026, receiving Circle of Excellence honors in Sustainability Company of the Year and Diversity Company of the Year for its environmental initiatives, inclusive workplace policies and responsible hospitality practices.

FAST Logistics boosting Cebu businesses via nationwide network

FAST Logistics Group is strengthening its Cebu operations to help local businesses reach markets across the Philippines, offering integrated transportation, warehousing and distribution services that could reduce the cost and complexity of nationwide expansion.
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