CEBU-BASED Aznar Shipping Corp. will invest P504 million to acquire two new roll-on/roll-off passenger vessels next year, backed by proceeds from its planned initial public offering.
Transportation Secretary Giovanni Lopez is urging Congress to allocate P5 billion for a 2027 fuel subsidy program, saying the funding was left out of the Department of Budget and Management’s proposed National Expenditure Program even as public utility vehicle drivers and operators continue to face high fuel costs.
Over 103,000 people across all 17 regions joined this year’s International Coastal Cleanup, collecting more than 466,000 kg of waste from 369 coastal, river and underwater sites. Turnout and recovery nearly matched 2025 levels, reflecting steady public backing for marine litter prevention and sound waste management.
S&P Global Ratings assigned Digiplus Interactive Corp. a ‘B+’ long-term issuer credit rating with a stable outlook, saying the company’s strong position in Philippine online gaming should support its business. At the same time, regulatory uncertainty and expansion plans remain key risks.
Subsidiaries of ACEN Corp., the listed renewable energy arm of the Ayala Group, have voluntarily relinquished two solar energy operating contracts in Quezon and Zambales, citing land acquisition and site access constraints that affected the projects’ development.
The Philippine automotive market could shrink by 1 percent to 2 percent in 2026 before returning to growth in 2027, according to Toyota Motor Philippines (TMP), as weaker sales in the first seven months weigh on the industry’s near-term outlook.
Intellectual property filings in the Philippines are continuing to grow year-on-year even as seizures of counterfeit goods decline, suggesting a shift in the country’s enforcement landscape as physical markets lose prominence and online platforms face tighter scrutiny.