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Corporate gifts thrive despite rise of AI

Artificial intelligence may be transforming marketing, but corporate gifting continues to prove its value as a powerful tool for building brand loyalty and strengthening business relationships.

Batangas investment pays off as IDC expands

Italpinas Development Corp. (IDC) is accelerating its Luzon expansion after its flagship Batangas project, Miramonti Green Residences, neared a sellout just weeks after its formal launch, validating the developer’s strategy of investing early in fast-rising provincial growth centers.

PLDT in talks with KKR over Maya IPO plans; trade sale remains option

PLDT Inc. is negotiating with private equity firm KKR & Co. to resolve outstanding issues affecting the proposed initial public offering (IPO) of its fintech unit, Maya Innovations Holdings.

DHSUD grants housing loan reprieve, deploys shelter aid after Mindanao quake

The Department of Human Settlements and Urban Development (DHSUD) has ordered a moratorium on housing loan payments and mobilized emergency shelter assistance in areas devastated by the magnitude 7.8 earthquake that struck Mindanao, as the government intensifies relief efforts for affected families.

Electricity spot market rates jump 38% in May

Electricity prices across the Wholesale Electricity Spot Market (WESM) rose by 38.5 percent in May, according to data released Wednesday by the Independent Electricity Market Operator of the Philippines (IEMOP).

Just in

DOE drafts fuel transition plan to cut reliance on imported fuel

The Department of Energy (DOE) has developed a new mechanism designed to reduce the country’s heavy dependence on imported fuel and petroleum products. Energy Secretary Sharon Garin explained that while the draft is complete, it will first undergo consultations with other government agencies and industry stakeholders before being finalized.

Digiplus inks deal boosting digital gaming at LaVie Casino

Digiplus Interactive Corp. has entered into a cooperation agreement with New Coast Leisure Inc. and Total Gamezone Xtreme Inc. to operate digital gaming services at LaVie Resort and Casino Manila. The non-exclusive arrangement covers technical support, content integration, and management of approved online games. LaVie is owned by International Entertainment Corp., which Digiplus is in the process of acquiring.

Nickel Asia secures right to operate two Zambales nickel sites

Nickel Asia Corporation (NAC) on Wednesday said that its subsidiary Samar Nickel Mining Resources has signed an operating agreement with San Juanico Resources Corp. The deal gives Samar Nickel the right to manage mineral claims covering roughly 3,432 hectares in Candelaria and Sta. Cruz, Zambales, under MPSA No. 265-2008-III. It remains subject to approval by the Mines and Geosciences Bureau.

Foreign direct investment holds steady at $1.7 billion, reflecting confidence in Philippine economy

Foreign investors continue to show confidence in the Philippines, with total foreign direct investment (FDI) reaching US$1.7 billion in the first three months of 2026. Data from the Bangko Sentral ng Pilipinas (BSP) shows that both fresh equity placements and reinvested earnings remained largely unchanged compared to recent periods, signaling that overseas businesses see stable opportunities in the country.
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