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Renewable energy developers welcome port repurpose for OSW farms

Renewable energy developer PetroGreen Energy Corp. and its partners on Wednesday highlighted the importance of the ongoing redesign of port facilities in key areas of the country to accommodate the entry of offshore wind (OSW) farms.

Gold sale nothing more than a routine exercise in reserve management – BSP

The Bangko Sentral ng Pilipinas (BSP) on Tuesday brushed aside concerns over having sold a good part of its gold holdings, saying their disposition forms part of a well-established reserve management strategy.

Beatriz Zobel de Ayala 1936 to 2024 

Ayala matriarch Doña Beatriz Zobel de Ayala, the wife of Ayala Corp. chairman emeritus Jaime Zobel de Ayala, passed away on Monday. She was 88. 

Airbus prepared to support air force modernization program

Aircraft manufacturer Airbus SE considers the Philippines a commercial rather than a military procurer of its products who on Tuesday committed to support the modernization program of its military and its bid to protect the West Philippine Sea. 

ICTSI unit marks 7th year presence in Melbourne with a nod to technology

Victoria International Container Terminal (VICT), a fully automated facility operated by International Container Terminal Services, Inc. (ICTSI) at the Port of Melbourne, Australia, reported handling the five millionth TEU (twenty-foot equivalent unit) mark since commencing operations. 

Just in

BPI earns P48.9B as loans, fee income drive growth

The Bank of the Philippine Islands (BPI) reported net income of P48.9 billion for the first nine months of 2026, supported by sustained loan expansion, stronger fee-based revenues and continued business activity, while higher operating costs and credit provisions tempered earnings.

ADB warns Philippine farms, infrastructure face rising coastal flood risks

The Philippines faces mounting risks to agricultural production, infrastructure and economic activity as coastal flooding intensifies, underscoring the need to integrate climate resilience into development planning and investment decisions, according to the Asian Development Bank’s (ADB) Asia–Pacific Climate Report 2026.

Vivant Foundation upgrades La Union schools, expands library

Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

JPMorganChase earns two awards for workplace inclusion

JPMorganChase has received two major distinctions at the 2026 Bahaghari Awards organized by Philippine Financial and Inter-Industry PRIDE (PFIP), highlighting its efforts to advance LGBTQ+ inclusion, employee engagement and workplace diversity in the Philippines.
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