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MAP backs Pax Silica with safeguards for national interest

The Management Association of the Philippines (MAP) has thrown its support behind the proposed Pax Silica Initiative, calling it one of the country's biggest economic opportunities in decades while urging the government to negotiate from a position of strength and ensure robust safeguards protect national interests.

Temasek-backed deal lifts Philippine AI startup ambitions

A strategic investment by Singapore's Temus in Filipina-founded Thinking Machines Data Science is reinforcing investor confidence in Philippine-built artificial intelligence, as demand for enterprise AI solutions accelerates across Southeast Asia.

MREIT earnings climb as dividends rise on expansion

MREIT Inc., the real estate investment trust backed by Megaworld Corp., posted a robust first-half performance as recent acquisitions, higher occupancy, and tighter cost controls combined to lift earnings and support bigger shareholder payouts despite a challenging operating environment.

PAGCOR revenue falls as gaming slowdown cuts earnings

The Philippine Amusement and Gaming Corporation (PAGCOR) posted a sharp decline in first-half revenues as softer gaming activity, particularly in its electronic gaming business, offset continued growth in government remittances.

RCBC profit slips as loan growth stays resilient

Rizal Commercial Banking Corp. (RCBC) weathered a more volatile operating environment in the first half of 2026, posting lower earnings after setting aside bigger provisions against potential credit risks even as its core lending business continued to gather momentum.

Just in

AI reshapes Metro Manila office leasing as firms pause

Metro Manila's office market entered a wait-and-see phase in the first half of 2026 as companies delayed leasing decisions to reassess how artificial intelligence will reshape their workplace needs, although demand continued to favor premium office buildings in prime business districts.

Pax Silica project seen creating 500,000 digital jobs

The Department of Information and Communications Technology (DICT) says the proposed Pax Silica initiative could generate between 180,000 and 500,000 digital and digital-related jobs, as the Philippines emerges as a top choice for artificial intelligence and data center investments.

AEV first half net income 62% to P13.6 billion led by power segment

Aboitiz Equity Ventures Inc. reported a 62 percent jump in first-half net income to P13.6 billion from P8.38 billion a year earlier, driven mainly by a stronger power business. Second-quarter earnings alone grew 40 percent to P7.3 billion.

Globe’s Hapag Movement wins two international awards, exceeds hunger relief targets

Globe’s Hapag Movement, its nationwide drive to end involuntary hunger, has taken home two honors at the Marketing Interactive PR Asia Awards in Singapore.
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