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Philippines moves to cut mining permit processing time

The Philippine government is preparing an executive order that would cut mining permit processing time by at least half, a move aimed at improving the country’s competitiveness and attracting fresh investment into its mineral sector.

Ayala pushes growth, spending, earnings skyward

Capital discipline and strategic investments drove Ayala Corp.’s performance last year, with the listed conglomerate spending P92.9 billion on expansions across residential, leasing, hospitality, and estate development. The outlay underscores the group’s confidence in long-term growth even amid market volatility.

Converge posts ₱11.9B net income in 2025

Fiber internet provider Converge Information and Communications Technology Solutions, Inc. on Friday reported strong financial results for 2025, with consolidated revenues reaching ₱44.8 billion, up 10.2 percent from the previous year.

Rum giant Tanduay Distillers takes spotlight at WOFEX Drinks+Bake 2026

World Food Expo (WOFEX) Drinks+Bakes 2026 at the World Trade Center Metro Manila showcased major players in the food and beverage industry, with Tanduay Distillers, Inc. drawing attention for an immersive brand presentation that highlighted its premium ambitions.

Jobless rate jumps in January as labor participation slips

More Filipinos joined the ranks of the unemployed in January, with fresh labor data pointing to a softer job market after the Christmas season surge despite pockets of hiring across several industries.

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PH seeks fertilizer supply deal with ASEAN, studies local plant amid price surge

The Department of Agriculture (DA) said it is taking steps to secure a stable fertilizer supply as prices continue to rise.

AG&P eyes Albay ecozone in expansion push

The Philippine Economic Zone Authority is stepping up efforts to draw manufacturing investments in traditional hubs, pitching a proposed ecozone in Albay as a potential expansion site for Atlantic, Gulf & Pacific Co.

Aboitiz unit buys aquaculture R&D facility in Singapore

Aboitiz Foods unit Gold Coin Management Holdings Pte. Ltd., has acquired an aquaculture research and development facility in Singapore from Adisseo Asia Pacific Pte. Ltd..

PXP unit secures DOE approval for SC 91

PXP Energy Corp. said its indirect subsidiary has secured the formal effectivity of a new petroleum contract covering a prospective offshore block in Palawan, marking a step forward in its upstream portfolio.
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