Southeast Asian economic ministers are accelerating regional energy cooperation, fast-tracking the ASEAN Power Grid and the ASEAN Petroleum Security Agreement (APSA) to cushion the bloc against mounting fuel and power risks.
Ayala Land Inc., one of the country’s largest property developer, reported first-quarter 2026 net income of P5.4 billion on revenues of P37.5 billion, as the property giant sharpened its focus on recurring income streams and disciplined capital deployment amid a more cautious operating environment.
The supply of Philippine Economic Zone Authority (PEZA)-accredited office space in Metro Manila is tightening, particularly in major central business districts, raising concerns over limited expansion options for key occupiers.
Ignite Power, a partnership of Razon-led Primelectric Holdings Inc. and Manny Pacquiao's MP Holdings, today (April 30, 2026) said no formal negotiations are ongoing for its proposed joint venture with South Cotabato II Electric Cooperative (SOCOTECO II), stressing that the final decision should rest with the cooperative’s member-consumer-owners (MCOs).
A coalition of labor and business groups is urging the government to review—and potentially suspend—value-added tax (VAT) on essential goods, warning that sustained price increases are straining both households and enterprises.
A local fuel retailer said gasoline and diesel prices iare likely to increase again next week due to ongoing tensions between the United States and Iran.
Credit recovery and financial services firm S.P. Madrid Corporation is expanding its operations nationwide through a partnership with PLDT Enterprise to improve connectivity and data security.
Philippine exports surged to a record USD8.17 billion in March, the highest monthly level since the Philippine Statistics Authority began tracking merchandise trade in 1991. The milestone was powered largely by sustained global demand for electronics, reinforcing the sector’s dominance in the country’s export basket.