Mactan-Cebu International Airport on Sunday welcomed the launch of direct flights between Cebu and Quanzhou, marking the restoration of a key air corridor expected to strengthen tourism and trade ties between the Philippines and China.
DFNN Inc. shareholders have approved a substantial increase in authorized capital stock, alongside plans to issue preferred shares and list them on the Philippine Stock Exchange, in a move that signals a potential expansion phase for the firm.
The Philippines is pressing for a calibrated overhaul of global trade rules as the 14th WTO Ministerial Conference opened on March 26 in Yaoundé, with Manila advocating reforms that preserve the core principles of the multilateral trading system.
Singapore-based Total Advanced Future Technology Pte. Ltd. (TAFT) is set to invest P3.6 billion in a new manufacturing facility at the Light Industry and Science Park IV (LISP IV), a move expected to accelerate the Philippines’ push to attract high-value, export-oriented industries.
Petron Corp., the oil company of San Miguel Corp., is grappling with a crude supply deficit despite emergency imports from Russia, highlighting the fragility of the Philippines’ fuel security amid escalating geopolitical tensions in the Middle East.
Mega Prime Foods Inc., known for Mega Sardines, is stepping decisively beyond seafood, partnering with Thailand-based Charoen Pokphand Foods (CPF) in a move that signals a broader pivot in the Philippines’ food production strategy.
The Bureau of the Treasury is set to raise as much as P784 billion in the second quarter through auctions of Treasury bills and bonds, stepping up funding efforts as global risks threaten to complicate the country’s fiscal and monetary outlook.
Philippine Airlines has secured a first-time Ba2 corporate family rating from Moody’s Ratings, marking a key milestone in its recovery and positioning the airline for broader access to global funding.
Ferdinand Marcos Jr. on Monday inaugurated a new segment of the Cavitex C5 Link, a 7.7-kilometer road project expected to reduce travel time between Parañaque and Taguig to about 15 minutes.