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Engineered lumber from bamboo coming out of a P5.5-billion facility in CDO

Florida-based firm Rizome Philippines has committed to invest up to $100 million, or P5.5 billion, for an engineered bamboo plant in Cagayan de Oro. Former...

Genting Hong Kong exits from Newport World Resorts in Manila

Genting Hong Kong Ltd. is exiting from Newport World Resorts Properties Inc., the resort and gambling enterprise of led by tycoon Andrew Tan’s Alliance...

Arthaland launches Eluria property in Makati CBD

The Po family-led property developer Arthaland Corp. and ARCH Capital Management are launching the Eluria project in Makati aimed at so-called empty nesters, or...

Phinma Corp unit helps GMA Foundation build classrooms

Union Galvasteel Corp., a unit of Phinma Corp., has supported GMA Kapuso Foundation in the construction of a school building in disaster-stricken Binibitinan Elementary...

URC acquires sugar mill machinery and equipment from Roxas Holdings

Universal Robina Corp. (URC) is acquiring the idle sugar milling machinery and equipment of Central Azucarera Don Pedro Inc. (CADPI). The assets will be used...

Just in

Philippines races to wrap key trade deals by mid-2026

The Philippines is accelerating negotiations for several free trade agreements (FTAs), with officials aiming to conclude key deals by mid-2026 to widen market access for local exporters.

Philippines pitches takeover of nickel HPAL plant

The Philippine government is inviting foreign investors to take over a high-pressure acid leach (HPAL) nickel processing facility in Palawan that could cease operations by 2027, as officials move to preserve the country’s role in the global battery minerals supply chain.

ADB lines up $280M loan to spur Philippine innovation

The Asian Development Bank is preparing an indicative USD280-million...

SN Aboitiz targets 56-MW battery storage expansion in 2026

Renewable energy developer SN Aboitiz Power (SNAP) expects to complete 56 megawatts (MW) of new battery energy storage system (BESS) capacity in 2026, increasing its total capacity to 729 MW from the current 673 MW.
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