Travel companies across Southeast Asia are bracing for a softer second quarter in 2026, but Philippine firms appear less downbeat than their regional peers, according to findings shared by the Philippine Tour Operators Association (PHILTOA).
OpenAI said it will discontinue Sora, its high-profile text-to-video app, just six months after launch, underscoring a strategic pivot toward more commercially viable artificial intelligence products.
The National Price Coordinating Council (NPCC) has approved a proposal from the Department of Agriculture to set a temporary price ceiling of ₱50 per kilogram on imported rice (5 percent broken).
Lorenzo Shipping Corporation has secured regulatory approval to double its authorized capital stock to P2 billion, a move that paves the way for the capital infusion of National Marine Corp. (NMC) and further capital raising to fund expansion.
Shell Pilipinas Corp. reported sharply higher earnings in 2025, underscoring stronger operational discipline and improved cash generation despite a volatile energy market backdrop.
If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.
Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.
Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.
Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.