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BOI sweetness incentives to build local clinker capacity

The government is sharpening its industrial policy for the cement sector, extending fiscal incentives to integrated cement projects while encouraging manufacturers to produce more clinker locally to reduce import dependence and strengthen the domestic supply chain.

PEZA lands P83M IT investment in Davao

The Philippine Economic Zone Authority (PEZA) has secured another investment for the country's expanding digital economy, signing a registration agreement with Industry Shared Services Centre Inc. for an P83-million information technology project in Davao City that is expected to generate more than 290 direct jobs.

Grab rolls put financial lifeline for local restaurants amid rising costs

Grab Philippines has launched a targeted support initiative to help local restaurant owners battle the crippling combination of rising utility bills and surging food costs. The assistance comes as inflation continues to squeeze the profit margins of micro, small, and medium enterprises (MSMEs) across the country.

Kaspersky, DICT warn public about public wi-fi dangers

Global cybersecurity firm Kaspersky has joined the Philippine Department of Information and Communications Technology (DICT) in urging Filipinos to be extra careful when using public Wi-Fi networks, which are often targeted by cybercriminals to steal personal information, login details, and spread harmful software.

First Gen secures full rights to build 120-MW Aya pump storage facility in Nueva Ecija

First Gen Corporation signed a memorandum of agreement (MOA) on June 30, 2026, to develop the Aya Pumped-Storage Project (Aya PSP) in Pantabangan, Nueva Ecija, marking a major step forward for the 120-megawatt facility. The agreement grants First Gen full authority to develop, build, operate, and maintain the project, as well as official endorsement to secure all remaining required permits. The MOA is effective for 25 years and may be renewed for an additional 25 years.

Just in

DOE prepares power distributors for nuclear energy integration, unveils tender plan

The Department of Energy (DOE) is building the capacity of distribution utilities (DUs) to support the future addition of nuclear power to the country’s energy mix, as outlined in the Philippine Energy Plan 2023–2050.

Mixed fuel price adjustments expected; 203 power firms warned by DOE

The Department of Energy (DOE) announced on Monday that fuel prices will see mixed adjustments this week, even as global crude markets begin to stabilize.

Philippines, Denmark deepen ties vis development financing

The Philippines and Denmark have signed a new financing cooperation agreement aimed at unlocking investments for infrastructure, renewable energy, climate action and other priority sectors, reinforcing Manila's push to tap global partnerships to Jo support long-term economic growth.

Asiabest eyes bigger infrastructure platform assets deals 

Asiabest Group International Inc. (ABG) is asking shareholders to back a pair of multibillion-peso acquisitions that could fast-track its transformation from a listed holding firm into a broader infrastructure and property player.
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