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Manila, Seoul in energy knowledge sharing program

The Philippines and South Korea have launched the 2024/25 Knowledge Sharing Program (KSP) aimed at enhancing bilateral energy cooperation.

DNL sets aside P1B for plant expansions

Chemical manufacturer D and L Industries Inc. (DNL) has announced a P1 billion fund for capital expenditures (CapEx) supporting minor expansions at its Batangas plant.

Italpinas co-developing sustainable projects in Palawan, Pampanga, and Boracay

Italpinas Development Corp. (IDC), a listed boutique property developer, has announced five new joint venture development projects in Puerto Princesa (Palawan), Pampanga, and Boracay in keeping with its contemporary Italian and environmentally responsible architecture designs.

Unregistered importer caught declaring onion as processed food

The Department of Agriculture (DA) has haled Chastity Consumer Goods Trading before the Olongapo City Prosecutor’s Office for misdeclaring imported onions as processed food, in violation of the Food Safety Act and the Plant Quarantine Law of 1978.

Banks poised for continued profit growth in 2025

Fitch Ratings has forecast continued strong profitability for the country's major banks in 2025, building on last year's solid performance.

Just in

DMCI Holdings profit jumps 28% on stronger unit earnings

Record earnings from its power generation and nickel mining businesses, stronger real estate and construction contributions, and sharply reduced cement losses lifted DMCI Holdings Inc.'s net income by 28 percent to P15 billion in the first nine months of 2026.

Toyota promotes TMP’s Hashimoto to lead Asia operations

Masando Hashimoto’s Philippine assignment is taking him to a bigger regional stage, with Toyota Motor Corp. naming the Toyota Motor Philippines Corp. (TMP) president chief executive officer of its Asia Region effective January 1, 2027.

Philippine agricultural trade deficit widens as exports slump

The Philippines’ agricultural trade deficit widened by nearly a quarter in September 2026 as a sharp decline in export earnings outweighed higher import spending, underscoring the country’s persistent dependence on foreign food and farm products.

DOT seeks wider China visa-free access, tighter checks to curb abuse

The Department of Tourism (DOT) is seeking to renew and eventually expand visa-free entry for Chinese tourists, arguing that tighter monitoring can address security concerns without shutting out legitimate visitors.
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