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Petro Energy gets PCC nod to acquire Aklan wind project

Petro Energy Resources Corp. (PERC), led by the Yuchengco group, has secured clearance from the Philippine Competition Commission (PCC) to take full ownership of the Nabas wind power project in Aklan.

DA restricts frozen fish imports to closed season to protect local market and safeguard prices 

The Department of Agriculture (DA) has clarified that a plan to allow up to 250,000 metric tons of imported frozen fish will only take effect during the country’s closed fishing season, which typically runs from November to January depending on the region. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that this condition is vital to prevent imported stock from driving down prices for local fishers while ensuring market stability during off-peak harvesting periods and potential supply shocks from El Niño.

US unveils $2.5B ASEAN investment amid security push 

The US is tying regional security to economic resilience in Southeast Asia, using the ASEAN Post-Ministerial Conference in Manila to reaffirm its Indo-Pacific commitment while linking Middle East stability to the protection of global trade routes.

Oman forum targets new trade, investment ties

The Philippines and Oman are looking to transform decades of labor cooperation into a broader economic partnership as both countries pursue stronger trade, investment and business links.

Commitment to talent delivers record MDRT success for AIA Philippines and BPI AIA

AIA Philippines, formerly Philam Life and part of the global AIA Group, along with its bancassurance venture BPI AIA Life Assurance Corporation, have secured a combined total of 458 qualifiers for the Million Dollar Round Table for 2026—the highest number recorded by any entity in the Philippines.

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DTI seeks P5 billion boost for MSMEs

The Department of Trade and Industry (DTI) is seeking an additional P5 billion for the Small Business Corp. (SB Corp.) next year as surging demand for financing pushes the government lender to expand its support for micro, small and medium enterprises (MSMEs).

Alphabet’s AI engine drives record quarter 

Alphabet Inc., the parent company search engine Google, is turning artificial intelligence into a powerful growth machine, posting a blockbuster second quarter as surging cloud demand, stronger search activity, and rapid AI adoption lifted revenues and profits to new heights.

Airbus advances hybrid-electric aviation tech with LEIA project

Airbus has launched the LEIA project, short for Large Scale Integration Demonstrator of Hybrid Electrical Architecture, to develop a complete hybrid-electric energy system for future commercial aircraft.
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