The Philippine government’s budget deficit widened sharply in July as spending surged to support major programs and infrastructure projects, outpacing a modest increase in revenues.
Philippine manufacturers are pressing the government to cut non-tariff barriers and administrative delays as a weaker peso pushes up the cost of imported raw materials, machinery, and fuel.
McDonald’s Philippines is widening its pool of local chicken suppliers as its restaurant network heads toward 900 stores, giving the domestic poultry industry another potentially sizeable customer.
Security Bank Corp. is putting three customer groups at the center of its next growth push, wealthy clients, entrepreneurs, and corporate and institutional customers.
Aboitiz Foundation is deepening partnerships with the League of Municipalities of the Philippines (LMP) and the Technical Education and Skills Development Authority (TESDA) to expand education, livelihood, and sustainability programs nationwide.
The Subic Bay Metropolitan Authority is handing a key port payment function to private operator Subic Bay International Terminal Corp., aiming to make fee collection faster and less cumbersome for businesses using the Port of Subic.
LG Electronics will showcase its 2026 AI TV lineup at IFA Berlin, September 4–8, putting artificial intelligence front and center for a more intuitive, user-first experience.
BDO Unibank’s BDO Kabayan Facebook Page has earned an Award of Merit in the Social Media category at the Philippine Quill Awards for the second straight year, this time for its campaign “Alagang Kabayan: Where Every Kabayan Belongs.”