The Department of Energy (DOE) has confirmed more than 12 proposed geothermal projects are set to benefit from the Philippine Geothermal Resource De-Risking Facility (PGRDF), a ₱10.07-billion program designed to clear key barriers to renewable energy investment.
The Visayas is emerging as the Philippines’ busiest hotel investment market outside Metro Manila, with international brands lining up projects in Cebu, Bohol, Bacolod,...
DMCI Project Developers Inc., the real estate arm of Consunji-led DMCI Holdings Inc., is rolling out its first socialized housing project to comply with national regulations requiring real estate developers to provide affordable homes for the public.
Bureau of Internal Revenue (BIR) Commissioner Charlito Martin R. Mendoza outlined the Bureau’s direction toward a tax administration that is fair, simple, predictable, and partnership-driven as he presented four commitments—Predictability, Simplicity, Fairness, and Partnership—supported by the BIR DARES reform and legacy agenda at the European Chamber of Commerce of the Philippines (ECCP) Tax Forum 2026 on August 13, 2026.
Metro Pacific Tollways Corp. (MPTC) said its first-half 2026 performance reflected the continued expansion of its toll-road network in the Philippines and Indonesia, contributions from overseas investments and new road sections coming into service even as domestic traffic softened by one (1) percent during the period.
Metro Pacific Tollways Corp. is deploying temporary flood barriers, siphoning trucks and additional pumps along NLEX in Tulaoc, San Simon, Pampanga, after severe flooding caused hours-long traffic. Concrete barriers will cover about 300 meters in each direction to limit water entering the expressway. MPTC said pumping alone cannot clear the highway while surrounding areas remain flooded. The company also plans to further elevate the Tulaoc roadway once the bridge is raised, while coordinating with government agencies on longer-term flood-control solutions.
Major local fuel firms will roll back prices starting Tuesday, September 1, with diesel and kerosene falling by more than ₱3 per liter after two consecutive weeks of increases.
The Bureau of Customs is preparing Subic Bay International Airport as a potential alternative gateway for e-commerce shipments, opening another route for time-sensitive cargo and expanding Subic’s role in the country’s logistics network.
SB Equities Inc., the research and brokerage arm of Security Bank Corp., has lowered its income projections for property developer Ayala Land Inc. after the firm raised its outlook for operating expenses.