Philippine inflation surged to 7.2 percent in September, matching the pace in April, which is the fastest rate in three-and-a-half years and putting the Bangko Sentral ng Pilipinas under renewed pressure to tighten monetary policy.
Aboitiz Power Corp. sold two 121-MW power barges to Visayas distributor MORE Electric and Power Corp., completing the transfer last Friday and announcing it Monday. Terms were undisclosed.
The Philippines’ economic rebound will depend heavily on how quickly public investment and construction activity recover, with the energy shock and domestic flood-control issues weighing on growth, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
Novel Hotel Manila is stepping up its push into the corporate events market, positioning its Taguig property as an integrated venue for meetings, executive gatherings and company celebrations near Bonifacio Global City.
VinFast is deploying 11 electric vehicles as the official fleet for ASEAN Dialogue Partners at the 44th ASEAN Ministers on Energy Meeting (AMEM44) in Manila, putting electric mobility on display as the region weighs cleaner and more secure energy systems.
Robinsons Land Corporation (RLC) has joined Pag-IBIG Fund’s growing network of private developers backing the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, giving Filipino workers more housing options they can finance through affordable Pag-IBIG loans.
Industry groups are pressing the government to toughen enforcement of mandatory product standards, questioning why enforcement actions appear to fall disproportionately on retailers while manufacturers of allegedly substandard goods largely escape prosecution.
The Philippine economy is headed for a sharper slowdown in 2026 as elevated energy costs, weak public investment and subdued business confidence weigh on domestic demand, the World Bank said, while lowering its growth outlook for next year.
The Clark International Airport Corporation (CIAC) earned a 99.56% rating from the Governance Commission for Government-Owned or -Controlled Corporations (GCG) in its 2025 Performance Scorecard — its best in three years.