VOYA Philippines Support Services Corp., the local unit of US-headquartered financial services firm Voya Financial, is expanding its footprint in the country’s IT-BPM sector following the formal signing of its Registration Agreement (RA) with the Philippine Economic Zone Authority (PEZA) on May 21.
The Metropolitan Cebu Water District (MCWD), together with partner Manila Water Philippine Ventures (MWPV) – Cebu, has extended water services to residents of Barangay Canamucan, Compostela, bringing clean, safe supply to around 2,000 households.
The Department of Transportation (DOTr) on Friday said the two major mass transit projects—the North-South Commuter Railway (NSCR) and Metro Manila Subway Project (MMSP)—have together provided more than 30,000 jobs for Filipinos so far. These projects form part of the Marcos administration’s “Build Better More” program, which aims to create quality work with competitive pay and benefits to address unemployment and underemployment.
Ayala Land’s Nuvali Estate has become the first commercial business district in the Philippines to secure a BERDE 5-Star Certification under BERDE Districts Version 1.0.0, after its Lakeside and East Bloc districts were recognized by the Philippine Green Building Council (PHILGBC).
On May 28, during President Ferdinand Marcos Jr.’s state visit to Japan, he and Japanese Prime Minister Takaichi Sanae held summit talks that formalized a new level of bilateral cooperation: the Comprehensive Strategic Partnership — the first such designation for the Philippines. Marking 70 years since relations were established, this upgrade signals a long-term, multi-sector alliance anchored in shared values and a commitment to a Free and Open Indo-Pacific (FOIP), amid growing regional uncertainties.
The Sandiganbayan, the Philippines’ anti-graft court, on Friday issued arrest warrants for Senator Jinggoy Estrada, former Public Works Secretary Emmanuel Bonoan, and several DPWH engineers over alleged plunder and graft linked to illegal insertions in the 2025 infrastructure budget in exchange for kickbacks totaling P573 million. The orders followed charges filed by the Ombudsman. While graft cases are generally bailable, plunder usually is not unless evidence is weak. Estrada, who plans to post bail, is a sitting senator, who will serve as a judge in Vice President Sara Duterte’s impeachment trial.
The government’s Green Lane initiative is accelerating major renewable energy investments, with the Board of Investments stepping up efforts to fast-track four offshore and onshore wind projects worth a combined P360.67 billion.
President Ferdinand R. Marcos Jr. secured P56.3 billion in investment expansion commitments from four major Japanese firms during business meetings on the sidelines of his State Visit to Japan, promising roughly 10,300 direct and indirect jobs for Filipinos.
Megaworld Corp., along with Travellers International Hotel Group, Inc. (TIHGI) and Southwoods Mall, Inc. (SMI), has signed a Memorandum of Understanding (MOU) with listed real estate investment trust MREIT, Inc. to pursue a strategic property-for-share swap.