The Department of Agrarian Reform (DAR) has broken ground on a landmark P500-million farm-to-market road (FMR) project in Polangui, Albay, marking a stride toward improving rural infrastructure and economic connectivity for thousands of local farmers.
Grab Philippines has partnered with the Department of Transportation (DOTr) and donated pedal-assist bicycles and helmets to 20 individuals as part of the agency’s Active Transport Program, underscoring a joint commitment to sustainable mobility and road safety.
Hotel101 Global Holdings Corp. (Nasdaq: HBNB), the first Filipino company to list on the Nasdaq, saw its shares tumble 70 percent on its first day of trading, closing at US$3.28. The steep decline followed its merger with JV SPAC Acquisition Corp., whose shares closed at a significantly higher level the previous trading day.
Fortinet has announced major upgrades to its cloud-native security platform, Lacework FortiCNAPP, reinforcing its commitment to code-to-cloud protection. The updates include faster threat detection, deeper visibility, and simplified operations—helping customers secure applications and workloads across hybrid and multi-cloud environments with greater agility.
Del Monte Pacific Ltd. (DMPL) of the Campos Group on Wednesday confirmed that its U.S. subsidiary, Del Monte Foods Holdings Ltd. (DMFHL), has filed for Chapter 11 bankruptcy protection as part of a comprehensive restructuring and asset sale process.
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.
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.
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.
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.