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Muslim-friendly sports tourism could hit US$21B by 2030 – Mastercard report

Mastercard and CrescentRating have released a new report titled Proof Wins: The Convergence of Sports, Travel, and Faith, outlining the fast-growing economic potential of Muslim-friendly sports tourism worldwide. The study projects the market could expand from roughly US$11 billion in 2025 to US$17 billion by 2030, and rise further to US$21 billion if destinations and event organizers clearly deliver and communicate faith-aligned services throughout the travel experience.

Metro Retail tops P40B sales milestone 

Metro Retail Stores Group, Inc. (MRSGI) surpassed the P40-billion sales mark for the first time in 2025, underscoring the resilience of consumer spending and the company's expansion-driven growth strategy amid a challenging retail environment.

Japan envoys join 2026 Manila forum on investment in former conflict zones

Japanese Ambassador ENDO Kazuya and Minister for Economic Affairs YOKOTA Naobumi attended the 2026 International and Private Partners’ Forum (IPPF) at Manila Hotel, hosted by the Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU). The event gathered government officials, business leaders, diplomats, and international bodies to discuss opportunities, challenges, and partnerships for development, with this year’s focus on the readiness of conflict-affected areas for local and foreign investment.

PhilVolcs reports 7.8 earthquake in Mindanao

A powerful earthquake rattled large parts of Mindanao early Monday, prompting the Philippine Institute of Volcanology and Seismology (Phivolcs) to warn of possible damage and expected aftershocks. General Santos City recorded Intensity 7, while Palimbang and Senator Ninoy Aquino in Sultan Kudarat experienced Intensity 6 shaking. Instrumental measurements peaked at Intensity 8 in Malapatan, Sarangani. The quake was also felt across Davao Region, Cotabato, the Zamboanga Peninsula, Caraga, and parts of the Visayas. Authorities are assessing potential damage as local governments monitor affected areas and advise residents to remain vigilant amid continuing seismic activity.

Green Lane pipeline hits P6.3T mark

The Philippines’ fast-track Green Lane program has amassed a strategic investment pipeline exceeding P6.3 trillion, underscoring strong investor appetite for large-scale energy, infrastructure, and digital economy projects—even as most ventures remain years away from full implementation.

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Cebuana Lhuillier strengthens global currency hub role

Cebuana Lhuillier is expanding its footprint in the foreign exchange market, reinforcing its position as one of the country's most accessible providers of global currency services amid growing demand from overseas workers, travelers, students, and businesses engaged in cross-border transactions.

Holcim brings reliable water to La Union

Holcim Philippines has expanded its community sustainability efforts in La Union with the rollout of a new water supply and rainwater harvesting system that is now providing reliable access to water for about 400 households in Barangay Quirino.

Globe, MSEUF partner for first on-campus cell site in Lucena

Globe and Manuel S. Enverga University Foundation (MSEUF) have signed an agreement to build Globe’s first on-campus cell site in Lucena City, a move set to boost reliable connectivity across Southern Luzon and advance digital inclusion in the area.

Filipinos climate awareness high, action gap still wide

Filipinos rank among Asia's most climate-conscious citizens, but financing bottlenecks and institutional weaknesses continue to hinder efforts to turn public concern into meaningful climate action, according to a new study by the Philippine Institute for Development Studies (PIDS).
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