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Filinvest sugar mill hits historic 1MT milestone

Filinvest Group’s Cotabato Sugar Central Co., Inc. has achieved a historic breakthrough, processing over one million metric tons of sugarcane this milling season—the first time in more than two decades and 42% above target.

Iconic hotels return as tourist arrivals hit 2.9M

The real estate market maintained its growth momentum in the first half of 2025, bolstered in part by a resurgence in tourism and strong demand across the office, industrial, and residential sectors, according to Santos Knight Frank’s latest market report.

Lenovo taps NVIDIA, Intel & IBM to power next-gen AI factories

Lenovo has announced a major expansion of its Hybrid AI Advantage™ portfolio, introducing new services, industry solutions, and validated hybrid AI platforms designed to help enterprises build and scale AI “factories” across modern IT environments. This positions Lenovo as a critical enabler in the growing enterprise AI market, as corporate AI budgets are projected to reach nearly 20 percent of total IT spending by 2025.

Tiu Laurel: ‘We will pursue smugglers relentlessly’

Agriculture Secretary Francisco P. Tiu Laurel Jr. has called on the Bureau of Customs (BOC) to suspend the release of 59 container vans that...

U.S. slaps 20% tariff on Vietnam under reciprocal trade push

The United States will impose a 20 percent tariff on Vietnamese imports under a new trade agreement, down from an initially planned 46 percent rate set to take effect next week.

Just in

The electric car is no longer asking for permission

The Philippine automotive market is beginning to look like a family reunion where everybody has arrived in a different vehicle, but everyone wants to talk about electricity. There are fully electric sedans, plug-in hybrid pickups, hybrid SUVs, and battery-powered crossovers competing for attention. The gasoline engine has not been invited to leave, but it is beginning to notice that the conversation has changed.

Panga exits PEZA after 28 years, cites 100,000 jobs

Tereso Panga is ending 28 years at the Philippine Economic Zone Authority (PEZA), citing more than 100,000 jobs created during his leadership as his most meaningful contribution to the investment promotion agency.

APECO secures P177M to study proposed Aurora international port

The Aurora Pacific Economic Zone and Freeport Authority (APECO) has secured P177 million in government assistance to prepare a feasibility study for a proposed international seaport in Casiguran, a project envisioned to turn Aurora into a gateway for manufacturing, logistics and Pacific trade.

BCDA targets P165B in new partnerships over three months

The Bases Conversion and Development Authority (BCDA) is targeting about P165 billion in additional investment partnerships within three months, expanding its development pipeline in agriculture, energy and aviation while seeking to turn rising private-sector interest into sustained government revenues and jobs.
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