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PNOC checks Batangas facilities ahead of state-procures LPG arrival

The Philippine National Oil Co. (PNOC) inspected LPG storage and port facilities in Calaca, Batangas over the weekend to confirm they are ready to receive, store, and safely handle 21,000 metric tons of government-procured LPG. This supply, sourced from the United States and transiting through Singapore, is due to arrive by the end of May.

New rules, auction rolled out to draw waste-to-energy investments

The Energy Regulatory Commission (ERC) and the Department of Energy (DOE) have introduced new terms and an upcoming special auction to attract more investments in waste-to-energy (WTE) projects under the Green Energy Auction (GEA) program, aiming to boost clean power supply and improve national waste management.

Auto sales slide to nearly pandemic-era lows

Vehicle sales by members of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA) sank to a 47-month low in April, signaling continued weakness in the Philippine auto market amid a surge in fuel prices following the conflict in the Middle East.

FAST, DTI boost Northern Mindanao MSME logistics

FAST Logistics Group and Department of Trade and Industry Misamis Oriental have expanded their partnership to strengthen logistics support for micro, small, and medium enterprises (MSMEs) in Northern Mindanao, aiming to help local businesses reach wider markets and build more resilient supply chains.

PH, EU near landmark free trade deal 

The Philippines and the European Union are closing in on a free trade agreement (FTA), moving in step with the target set by Trade Secretary Cristina Roque to wrap up negotiations by June or July this year.

Just in

Governance noise may stall investments, business leader warns

Philippine Chamber of Commerce and Industry president Ferdinand Ferrer warned that political distractions and uncertainty could slow investment inflows into the Philippines, saying stability and adherence to the rule of law remain critical to sustaining investor confidence.

EMS Group ramps up for AI boom

Philippine electronics manufacturer EMS Group is accelerating capacity expansion as global demand for artificial intelligence (AI) infrastructure fuels a surge in orders for power supply components and circuit boards used in high-performance computing systems.

Allianz PNB Life posts strong 2025 growth, reinforces top industry standing

Allianz PNB Life (AZPNBL) kept its upward growth trajectory in 2025, reporting a net income of ₱1.06 billion under local accounting standards. Its new business annual premium equivalent (NBAPE) rose 17 percent to ₱4.8 billion—faster than the industry average—while gross written premiums increased 17.1 percent to ₱37.7 billion. Over the past five years, net income has grown at an average annual rate of 41 percent, securing its place among the country’s leading life insurers.

DTI chief sees exports extending record run into 2026

The Philippines is poised for another potentially record-breaking year in exports in 2026, buoyed by resilient global demand, expanding trade access, and continued strength in both electronics and agriculture, according to the Department of Trade and Industry (DTI).
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