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Radisson expands with new serviced apartments in Makati

Radisson Hotel Group has signed a management agreement for its debut Radisson-branded property in the Philippines, marking a significant expansion into the upscale serviced apartment market.

Cebu Pacific targets 30M passengers in 2025, expands Clark hub

Cebu Pacific (CEB) has set an ambitious target of carrying 30 million passengers in 2025, driven by the launch of new routes and an increase in flight capacity.

SEC raises P2.2B for MSMEs from crowdfunding, IPOs

The Securities and Exchange Commission (SEC) has successfully facilitated the raising of over P2.2 billion for micro, small, and medium-sized enterprises (MSMEs) through crowdfunding and initial public offerings (IPOs), marking a significant milestone in the Philippines’ capital market development.

4Q Agriculture output up 0.6% vs 3Q

In the fourth quarter of 2024, the seasonally adjusted value of production in agriculture and fisheries posted a quarter-on-quarter growth of 0.6 percent. This was due to the increase in the value of crops, livestock, and poultry production.

Meralco, San Miguel, Aboitiz complete USD3.3B power deal

Meralco PowerGen Corp. (MGEN), a subsidiary of Manila Electric Co., alongside San Miguel Global Power Holdings Corp. (SMGP) and Aboitiz Power Corp., has successfully closed a USD3.3 billion joint investment agreement.

Just in

Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.

SEC urges manufacturers to tap capital markets for expansion

For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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