Investment and Capital Corp. of the Philippines (ICCP) has named Augusto D. Bengzon, a former top executive at Ayala Land Inc., as its new chairman and chief executive officer.
Shipping lines are bracing for another post-holiday cargo squeeze, warning that familiar bottlenecks at major gateways underscore the need for long-term port reforms rather than seasonal stopgaps.
The Department of Environment and Natural Resources (DENR) has issued Administrative Order 2025-36, introducing stricter environmental rules for Boracay Island.
Manila Electric Company (Meralco) has partnered with Aclara Meters Philippines, a subsidiary of Hubbell Inc., to deploy over 72,000 smart electricity meters across its service area starting this year. The move is part of Meralco’s broader effort to modernize operations and improve service reliability.
Malayan Insurance Co., Inc., a leading non-life insurer in the Philippines, has launched a zero percent interest installment payment facility aimed at making comprehensive coverage more accessible and affordable for Filipinos.
Delivery Hero Logistics Philippines Inc., the company behind Foodpanda Philippines, announced on Tuesday that its online grocery service Pandamart is now operating 24 hours a day, seven days a week across the country. This makes Pandamart the first online-only full grocery platform in the Philippines to offer round-the-clock service.
The Department of Agriculture (DA) said the government is revamping how farm loans are delivered by rolling out a digital lending system aimed at getting financing into the hands of farmers, fisherfolk, and small rural enterprises faster.
The formation of a government crisis management committee is “a good start,” but faster, more targeted interventions are needed as economic pressures mount, according to Ed Chua, chairman of the influential group Makati Business Club.