Canadian enterprise software firm OpenText is expanding its Philippine footprint with a proposed USD8 million to USD10 million cloud transformation project for BDO Unibank over the next five years, signaling growing investor confidence in the country's digital economy and accelerating shift toward higher-value technology investments.
The Philippines' transition to upper middle-income country (UMIC) status is sharpening calls for a financially stronger PhilHealth, with leading business groups urging the government to secure the long-term sustainability of the National Health Insurance Fund (NHIF) to safeguard universal healthcare and support economic growth.
President Ferdinand Marcos Jr. said more Filipino workers could receive higher minimum wages in the coming months as regional wage boards move closer to completing reviews that could lead to additional pay increases across the country.
Philippine Airlines (PAL) is ramping up flights to Japan and Australia ahead of the winter, Christmas, and New Year travel season, expecting strong demand from holidaymakers, overseas Filipinos, and business travelers while boosting cargo capacity on key international routes.
South Korean investments in semiconductors, shipbuilding, rail infrastructure, and energy are poised to accelerate the Luzon Economic Corridor (LEC), strengthening the Philippines' manufacturing base and reinforcing its role in regional supply chains.
Meralco PowerGen Corp. (MGen) has begun commercial operations for 600 megawatts (MW) of MTerra Solar Phase 1 under its power supply agreement (PSA) with Manila Electric Co. (Meralco), effective August 26, 2026.
Department of Environment and Natural Resources (DENR) Secretary Juan Miguel Cuna has ordered scaled-up use of science and technology across all field and enforcement units to boost forest and watershed protection, directly supporting corporate operations, infrastructure planning, and regulatory compliance nationwide.
The Power Sector Assets and Liabilities Management Corp. (PSALM) confirmed Thursday that a consortium led by San Miguel Corp. has submitted an unsolicited proposal to rehabilitate the Agus-Pulangi hydroelectric complex in Mindanao, marking a major milestone in the government’s long-running effort to modernize and privatize one of the country’s largest remaining state-owned power assets.
Manulife Philippines and Manulife Global Solutions (MGS) are expanding community initiatives focused on financial resilience, health and well-being as longer life expectancy puts greater emphasis on preparing Filipinos for healthier and more financially secure lives.