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Goldilocks shifts Cebu plant to solar power

Goldilocks Bakeshop has partnered with First Gen to operate a new solar power facility for its production plant in Lapu-Lapu City, Cebu, marking a major step in the bakery chain’s sustainability efforts.

Gov’t sets ₱50/kg cap on imported rice amid rising inflation

The government is ready to immediately enforce a ₱50-per-kilo price cap on imported rice to help ease the burden of rising food prices on Filipino consumers, the Department of Agriculture (DA) said.

Converge hits ₱11.2B revenue, surpasses 3M subscribers in 1Q 2026

Converge ICT Solutions Inc. posted ₱11.2 billion in revenue in the first quarter of 2026 as its subscriber base grew past three million, driven largely by strong demand for prepaid fiber internet.

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.

Just in

ICTSI expands Rio Terminal capacity with new cranes

International Container Terminal Services, Inc. (ICTSI) is ramping up its Brazil operations as its Rio Brasil Terminal (RBT) at the Port of Rio de Janeiro receives two new quay cranes, a move that strengthens its long-term expansion and modernization drive.

Global investors show interest in Philippine railway projects

The Department of Transportation (DOTr) announced on Wednesday that private companies from Singapore and other countries have expressed strong interest in investing in the Philippines' railway sector.

AirAsia brings back low fares for domestic, international flights

AirAsia has reintroduced its signature low fares to encourage more people to travel across its domestic and international routes.

GSIS allocates ₱69.1 million for earthquake damage claims

The Government Service Insurance System (GSIS) has set aside an initial ₱69.1 million in loss reserves to support recovery efforts following the magnitude 7.8 earthquake that struck parts of Mindanao.
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