Phinma Corp. is eyeing Vietnam as a key new market to grow its already expanding network of educational institutions across Southeast Asia, company leadership has confirmed.
Filipino households and businesses face another week of divergent fuel price movements, as local retailers prepare to implement mixed adjustments driven by shifting geopolitical signals, seasonal demand, and supply chain disruptions. Jetti Petroleum President Leo Bellas indicated that gasoline prices are projected to rise by ₱1.50 to ₱1.70 per liter, while diesel prices offer brief relief with an expected drop of ₱1.90 to ₱2.10 per liter. The outlook for kerosene remains unspecified for the week following a sharp increase in the previous period.
The Philippine government is rolling out key reforms to expand the Personal Equity and Retirement Account, or PERA, encouraging more Filipinos to save and invest for their future.
Mitsubishi Corp.‘X planned USD700-million investment in Ayala Corp. could help accelerate infrastructure, energy, logistics and digital projects under the Luzon Economic Corridor (LEC), deepening Japanese participation in the Philippines’ industrial development while raising expectations for stronger private-sector investment.
Cebu Pacific (CEB) has officially welcomed its 15th Airbus A330neo aircraft, cementing its standing as the largest operator of this aircraft type across Asia and bringing another modern, fuel-efficient plane into its growing fleet.
Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.
Singapore-based Vena Energy is committing an additional P52 billion in equity investments to expand its Philippine renewable energy portfolio by 1.29 gigawatts (GW) over the next two years, strengthening its presence in a power market seeking to diversify supply and reduce reliance on conventional energy sources.
McDonald’s Philippines is expanding its Korean-inspired offerings as the popularity of Korean food, music and entertainment continues to shape Filipino consumer tastes, highlighting how global pop-culture trends are creating new opportunities for food and beverage brands.
The government is expanding its flagship housing program by bringing more private developers on board and offering subsidized financing, as it seeks to make homeownership more attainable for Filipino families amid varying budgets and property prices.