The development of two liquified natural gas (LNG) import terminals are seen completed this year as scheduled, according to the Department of Energy (DOE).
The local cold chain storage industry is seen growing by as much as 10 percent this year, according to the Cold Chain Association of the Philippines (CCAP).
The Philippine Center for Postharvest Development and Mechanization (PhilMech) distributed last week a total P107.747 million worth of various farm machines at no cost to 59 qualified farmer cooperatives and associations (FCAs) in Nueva Ecija province.
The Department of Agriculture (DA) projects greater production output for rubber, livestock, poultry and aquaculture as consequence of several enhancement programs prepared by the agency.
PayMongo on Friday announced the appointment of Jojo Malolos as president and CEO of PayMongo, effective February 1, 2023. As part of this appointment, Isabel Ridad will step down as interim CEO and will leave the company as she pursues her own venture. To ensure a smooth transition, Isabel will assist by remaining with the company until the end of February and continue to serve on the PayMongo Board of Directors thereafter.
Cebu Landmasters Inc. (CLI) posted a 13 percent increase in net income to ₱2.49 billion for the first half of 2025, up from ₱2.21 billion a year earlier, driven by stronger real estate and hotel revenues.
The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.
Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.
San Miguel Global Power (SMGP) emphasized the regulatory primacy of the Philippine Electricity Market Corp. (PEMC) after its market surveillance committee (MSC) and board cleared the Ilijan Gas Power Plant of any violation over its June 2022 outage — directly challenging a recent show cause order issued by the Energy Regulatory Commission (ERC).