The Department of Agriculture has opened the country’s first seaweed biotechnology facilities worth P22 million at BFAR’s National Seaweed Technology Development Center in Sorsogon.
Rampver Financials, one of the country’s top investment fund distributors, has signed a distribution deal with Manulife Investment Management and Trust Corporation, the local asset management arm of global financial leader Manulife. The agreement allows Rampver clients access to a full range of Manulife unit investment trust funds through the Rampver Online digital investing platform, with minimum investments starting at just ₱1,000.
The Securities and Exchange Commission has formally introduced structured warrants as a new financial product in the Philippine market. At the agency’s en banc meeting on July 23, SEC director Ela R. Xavier-Padilla announced the approval of a memorandum circular setting out the rules and regulations for the registration and trading of structured warrants.
Century Pacific Food Inc. (CNPF) announced on Wednesday that it has fully recovered the equivalent of all flexible plastic packaging waste it generates, preventing some eight billion sachets worth of plastic from ending up as environmental waste.
Trade Secretary Cristina A. Roque said the landmark ASEAN Digital Economy Framework Agreement (DEFA) could reshape regional commerce by lowering barriers to cross-border digital trade, opening a larger market for Philippine businesses and accelerating Southeast Asia's digital economy into a multi-trillion-dollar growth engine.
GoTyme Bank has partnered with the Philippine Statistics Authority to become one of the first local banks to connect directly to the National ID Authentication Services. This integration lets customers open accounts in as fast as five minutes without scanning or uploading physical papers. Instead, they may use their PhilSys ID QR code, card number, or basic name and birth details for real-time, official checks. The move removes common hurdles that keep many Filipinos from accessing banking services, supporting the bank’s goal of easier, more inclusive finance for all.
Maibarara Geothermal Inc. (MGI) has signed a deal with Lopez Group affiliate ThermaPrime Drilling Corp. to carry out exploratory drilling across Batangas and Laguna from 2026 to 2027. Led by the Yuchengco group, MGI said the work will check untapped areas for possible new geothermal power facilities. The project will involve up to four wells drilled to depths of up to 3,000 meters, with operations set to begin in October this year and finish by May 2027. MGI currently runs a 32-megawatt geothermal plant in Batangas.
Aboitiz Power Corporation reported a 41 percent increase in core net income for the first six months of 2026, reaching P18 billion compared to P12.8 billion recorded in the same period last year. The company shared these figures in a disclosure filed with the Philippine Stock Exchange on Wednesday.
The Manila Electric Company, or Meralco, reported a 3.8 percent increase in its consolidated core net income for the first six months of 2026, reaching P26.5 billion from the P25.5 billion recorded in the same period last year. The company shared these figures at a briefing held on Wednesday, noting the growth came even as overall energy sales saw a slight decline.