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SEC reports significant progress vs corporate abuses

The Philippines has made significant progress in implementing beneficial ownership policies that prevent the misuse of corporate vehicles for illegal activities.

Meralco unit highlights foam-and-mattress maker Uratex transition to EV

The Manila Electric Co. sustainable mobility arm Movem Electric Inc. (Movem) has partnered with foam and mattress maker Uratex Group of Companies to help meet the latter's logistics requirements.

3Q palay output projected to fall 11% to 3.36 million metric tons

The Philippine Statistics Authority projected an 11 percent reduction in palay output in the third quarter to 3.36 million metric tons.

Converge opens earning opportunities for marginalized with prepaid broadband S2S

Converge ICT Solutions Inc. has opened income opportunities for under-resourced families with the conduct of a sales agent training session in Tondo, Manila featuring its prepaid fiber broadband solution Surf2Sawa (S2S).

Land Bank introducing new e-wallet solutions before year-end

The Land Bank of the Philippines is set to roll out new e-wallet services seen boosting financial inclusion and further support the government-led disbursements.

Just in

PhilExport urges MSMEs to turn trade deals into export wins

The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.
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