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Megaworld tightens grip on Iloilo office market

Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is cementing its dominance in Western Visayas, capturing a commanding 48 percent share of Iloilo’s office market as demand continues to shift toward integrated township developments outside Metro Manila.

Impact Investment Exchange raises $92M for women-focused climate projects

Singapore-based Impact Investment Exchange (IIX) has raised a total of $92 million from two tranches of its Women’s Livelihood Bond 7 (WLB7), aimed at supporting about one million women and girls in Asia.

LTO tops complaints list, ARTA reports surge

The Land Transportation Office (LTO) has emerged as the most complained-about government agency as of March 31, according to Anti-Red Tape Authority (ARTA) Director-General Ernesto Perez. The latest figures show that LTO has overtaken the Food and Drug Administration (FDA), which previously held the top spot and has now slipped to third place.

Torre Lorenzo breaks ground on Davao Crest Suites

Business and leisure converge in Davao City as Crest Suites at Tierra Davao, the latest hospitality development of Torre Lorenzo Development Corporation (TLDC), officially breaks ground, marking a strategic expansion of the company’s hospitality footprint beyond Metro Manila.

Fortinet report warns cybercrime is faster, smarter, and driven by AI

Cybersecurity tech and research leader Fortinet has released its latest global threat report, showing that cybercrime is becoming more organized, faster, and increasingly powered by artificial intelligence.

Just in

ADB: Philippines stays course despot inflation surge

Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.
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