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Election spending, tourism-related activities seen boosting Shell Pilipinas bitumen business

Shell Pilipinas Corp. on Monday said its bitumen business is seen posting double-digit growth this year on the back of heightened activities related to the upcoming election of national and local officials and on the sustained pursuit of the government's Build Better More program.

Casinos, integrated resorts drive Philippine tourism growth–PAGCOR exec

An executive of the Philippine Amusement and Gaming Corp. (PAGCOR), the state agency in charge of licensing casinos and other games of chance, highlighted the role of integrated resorts and casinos in driving local tourism and fostering economic growth across various sectors.

Reserve electricity operations likely restored in July – ERC

The electricity reserve market, in suspension since March, is seen restored to full commercial operation in July, the Energy Regulatory Commission (ERC) said Monday.

MPTC selling 45% of CCLEX to fund expansion program

The Metro Pacific Tollways Corp. is exploring opportunities for partnerships with foreign strategic investors to secure additional funding for the Cebu - Cordova Link Expressway (CCLEX) and boost the project’s commercial viability. 

Globe sells more towers for P710 million

Globe Telecom on Monday has sold an additional 48 towers to PhilTower Consortium Inc. for P710 million. 

Just in

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
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