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.
