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Gulf turbulence grounds PAL, CebuPac key routes

Philippine carriers are pulling back from the Middle East as security risks and airspace limits ripple across key corridors, forcing cancellations and swift contingency plans. Mostly affected are the tens of thousands of overseas Filipino workers deployed in the Middle East.

Subic sets sail for cruise boom

The Subic Bay Metropolitan Authority (SBMA) is charting an ambitious new course: turning Subic Bay into Luzon’s next cruise tourism powerhouse.

Blueprints, bananas, and big regional ambitions

Ricardo “Cary” F. Lagdameo doesn’t deal in hype. He deals in hectares, high-rises, and hard numbers. As head of the Real Estate and Construction Group of Anflo Group of Companies, he is helping redraw the economic map of Mindanao—quietly, methodically, and with a distinctly entrepreneurial spark.

Movem, Rockwell power up Makati

Movem, the e-mobility arm of Manila Electric Co. (Meralco), has teamed up with Rockwell Property Management Corp. to launch five electric vehicle (EV) charging stations at Edades Tower and Edades Suites in Rockwell Center.

Pag-IBIG income hits P65.3B high

State-run Pag-IBIG Fund posted a record P65.28 billion in net income in 2025, riding on surging loan releases, record member savings, and stepped-up investments...

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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