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“Beware of homonyms and moderate your greed”

The Securities and Exchange Commission on Thursday advised the public against dealing with spurious companies posing as legitimate organizations, such as the Philippine Investment Funds Association and CT Loan Cash Loan and Credit Co.

TeaM Energy completes 1.3-MW solar project in Batangas

TeaM Energy Corp. retail electricity unit TeaM Philippines Energy Corp. (TPEC) has completed the installation of a 1.3-megawatt solar rooftop system for a tile manufacturing plant in Sto. Tomas, Batangas.

Toll concession undeterred by foul weather; commits CALAX 1Q 2025 completion as scheduled

Mean weather should not deter the MPCALA Holdings Inc., which won the Cavite-Laguna Expressway (CALAX) concession, from completing the Governor’s Drive Interchange segment of the project by the first quarter of 2025.

Philippines affirms infrastructure, resilience commitment at World Planning Congress

The Philippine government reinforced its commitment to improving infrastructure, advancing social development, and boosting community resilience at the 60th World Planning Congress, with Economic Planning Secretary Arsenio M. Balisacan highlighting the crucial role of strategic development planning in achieving the national long-term vision dubbed Ambisyon Natin 2040.

Foreign direct investment falls 29 percent in June to USD394M—BSP data

Foreign direct investments in June declined 29 percent to USD394 million from USD555 million in the year-earlier period, data from the Bangko Sentral ng Pilipinas showed.

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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