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New Honda chief shifts gears toward value

Honda Cars Philippines Inc. is changing drivers—but not its destination—as it taps Hidekazu Arai as president starting April 1, steering the company toward a sharper focus on value-led growth.

FAST backs backhaul logistics to curb food prices

Farmers and agricultural stakeholders are being urged to consolidate output and adopt backhaul logistics to help stabilize food prices and cut fuel use amid the ongoing energy crisis, according to FAST Logistics Group.

Philexport pushes stronger reforms on MSME Magna Carta

Business groups are urging lawmakers to strengthen proposed amendments to the Magna Carta for Micro, Small and Medium Enterprises (MSMEs), warning that persistently weak credit access shows decades of policy efforts have fallen short.

Nickel sector seeks incentives, zones for competitiveness

Industry leaders are pressing the government to roll out stronger fiscal incentives and establish dedicated industrial zones to accelerate the Philippines’ shift into value-added nickel processing and close the gap with regional competitors.

Prolonged Middle East conflict threatens Asia growth outlook

The Asian Development Bank (ADB) warned that a prolonged conflict in the Middle East could shave up to 1.3 percentage points off economic growth in developing Asia and the Pacific over 2026–2027, while pushing inflation higher by as much as 3.2 percentage points if energy disruptions persist for more than a year.

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PTAA backs airlines, urges tax relief measures

The Philippine Travel Agencies Association (PTAA) has thrown its support behind airline partners facing mounting cost pressures from volatile fuel prices, while calling on the government to provide relief measures and improve the timeliness of advisories to minimize disruption across the travel sector.

SP New Energy seeks rebrand, ticker change to MGENR

SP New Energy Corporation said it is moving forward with a corporate rebranding that will see it adopt the name “MGEN Renewables Inc.” and change its stock symbol to MGENR, replacing its current ticker SPNEC.

Alliance Select reports cyber incident, contains risks

Alliance Select Foods International Inc. disclosed a cybersecurity incident affecting certain information technology systems at its General Santos facility, prompting containment measures and an ongoing investigation.

SMHCC bets big on Cebu MICE hub

SM Hotels and Conventions Corporation (SMHCC) is ramping up efforts to position the Philippines as a stronger player in the global meetings, incentives, conferences, and exhibitions (MICE) market, anchored on the upcoming launch of SMX Convention Center Seaside Cebu.
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