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Xurpas cancels P10-M share subscription deal

Xurpas Inc. has cancelled a planned issuance of 100 million shares to PPARR Management & Holding Corp., scrapping a capital infusion deal that was originally intended to raise P10 million for general working capital needs.

BMW deploys 125-vehicle for ASEAN 2026 Summit

BMW Philippines completed its role as the official premium mobility partner for the ASEAN 2026 Summit by deploying a 125-vehicle fleet to transport heads of state, diplomats and senior officials during the regional event hosted by the Philippines.

SPAVI profit drops as expansion push continues

Shakey’s Pizza Asia Ventures Inc. reported slower earnings growth in the first quarter of 2026 as the restaurant group continued expanding despite weak consumer spending and rising operating pressures.

URC secured packaging stocks through late 2026

Universal Robina Corp. (URC) has secured supplies of key packaging materials through the third quarter and into early fourth quarter of 2026, reinforcing efforts to shield operations from global supply chain disruptions and market uncertainty.

Wawa expansion strengthens Manila Water’s drought readiness

Manila Water Company is ramping up preparations for a potentially prolonged El Niño episode by leveraging the expanded capacity of the Wawa Bulk Water Supply Project to maintain uninterrupted service across its East Zone concession area.

Just in

BIR pilots digital trade window, streamlines import process

Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.

CIAC, Jamco seal P600-M Clark expansion deal

Clark International Airport Corporation and Jamco Philippines Inc. formalized a P600-million expansion agreement on June 23, 2026, deepening Clark’s positioning as a rising aerospace manufacturing hub and signaling renewed investor confidence in high-value production within the country.

ABI Pascual leads Laguna 100-day milk program

A stronger push to address child malnutrition is underway in ABI Pascual Foods, Inc., as it teams up with the National Dairy Authority, the Department of Education, and the Sta. Rosa local government to roll out a 100-day milk feeding program for public school learners.

Lanao del Norte water research center to get major upgrades

The National Fisheries Research and Development Institute has launched a rehabilitation program for its Brackishwater Fisheries Research and Development Center in Lanao del Norte, converting it into an Aquaculture Business Technology Incubation Center. Announced Tuesday, the project covers improvements to the training hall, two research ponds, and the laboratory.
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