The House Committee on Legislative Franchises on Monday voted to conduct a comprehensive review of the National Grid Corp. of the Philippines, following concerns from lawmakers about the company’s apparent noncompliance with its franchise obligations.
GT Capital Holdings, Inc. announced on Monday key leadership changes within its property subsidiaries—Federal Land, Inc. and Federal Land NRE Global (FNG), its joint venture with Japan’s Nomura Real Estate Development Co., Ltd.
A delegation from Misamis Oriental recently concluded a benchmarking trip to Aboitiz InfraCapital’s (AIC) LIMA Estate in Batangas, an industrial development renowned as the country’s first and largest 5-star BERDE (Building for Ecologically Responsive Design Excellence)-certified estate.
Chinese automakers are closing in on American rivals in customer experience, slashing the gap to just five points this year from 29 points in 2025, with BYD posting the biggest improvement among 11 brands assessed in the Philippines.
The various banks are anticipating a stable lending environment with potential growth in borrowing activity toward the end of the year, according to the latest Senior Bank Loan Officers’ Survey conducted by the Bangko Sentral ng Pilipinas.
The Philippine Competition Commission (PCC) fined Pilipinas Enterprise Management Holdings Inc. (PEMHI) and Meralco PowerGen Corp. (MGen) P5.8 million for repeatedly missing reporting deadlines tied to their merger clearance, underscoring the regulator’s tougher stance on compliance with post-merger commitments.
A community‑led nature‑based restoration project is helping protect over 1,000 Ata‑Manobo residents in Sitio Patil, Barangay Gupitan, Kapalong from worsening riverbank erosion and climate‑driven hazards. Ten major flood and landslide events hit the area between 2020 and 2023, as strong currents at the Kapalong‑Maguimon river confluence wore away soil and threatened homes, farms and ancestral lands.