Foreign investment approvals in the Philippines jumped 52 percent in the first quarter, driven largely by South Korean capital and major projects in entertainment, manufacturing, and tourism-related industries, according to the Philippine Statistics Authority.
Axelum Resources Corp. posted a sharp rise in first-quarter earnings as stronger export demand and higher-margin product sales offset mounting pressures from volatile commodity prices and elevated shipping costs linked to the Middle East conflict.
MREIT Inc., a real estate investment trust, is channeling P1.26 billion into township expansion projects across Cebu, Palawan, Bacolod, and Pasig City, as sponsor Megaworld Corp. moves to recycle capital from a recent share sale into fresh property developments and debt reduction.
GT Capital Holdings, Inc. opened 2026 navigating a tougher operating environment, with resilient banking and infrastructure earnings helping cushion weaker consumer spending and softer demand across key sectors.
Lopez, Inc. on Wednesday withdrew its February 27 resolution removing Federico “Piki” Lopez as president and chief executive officer, signaling a possible thaw in the escalating corporate and family dispute that has rattled one of the Philippines’ most influential business dynasties.
The Bangko Sentral ng Pilipinas (BSP) has issued an advisory reminding the public that bank accounts and e-wallets are strictly personal and must only be used by their registered owners.
The Department of Tourism (DOT) is moving to revive arrivals from South Korea after the country’s longtime top source market slipped this year, even as overall foreign visitor numbers continued to grow and the United States emerged as the Philippines’ largest inbound tourism market.
The payment app of Mynt is set to launch a dedicated digital marketplace for returning overseas Filipinos, creating new livelihood opportunities and helping migrant workers