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Megawide to expand precast plant for Pag-IBIG housing projects

Megawide Construction Corp. will expand its precast construction facilities to support new affordable housing projects under a partnership with the Home Development Mutual Fund (Pag-IBIG Fund).

QSRs, kiosks power Philippine dining boom

Quick service restaurants (QSRs) and food kiosks are set to drive growth in the Philippine foodservice industry in 2026, as consumers prioritize affordability, convenience, and speed, according to the Foreign Agricultural Service (FAS) of the US Department of Agriculture.

Government courts investors with ‘big, bold reforms’

Senior economic officials on Friday laid out the government’s big, bold reforms aimed at improving governance, restoring investor confidence, and driving sustainable growth during a high-level dialogue with business leaders in Bonifacio Global City.

BPO firm boosts PH employment inclusion program

The business process outsourcing firm Foundever has expanded its disability inclusion program, launching a voluntary Self-ID system that allows employees to confidentially share disability and other identity information, alongside nationwide learning sessions marking the International Day of Persons with Disabilities. The initiatives aim to better address workplace barriers and support employees with disabilities.

ASEAN+ enterprises move AI from pilots to production as investments rise

Enterprises across Asia Pacific are rapidly shifting from AI experimentation to production, with 96 percent planning to increase AI investment by an average of 15 percent in 2026, according to the Lenovo CIO Playbook 2026, commissioned by Lenovo with insights from IDC.

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Water firm rolls out summer plan amid extreme heat warnings

Manila Water Philippine Ventures (MWPV), the Non-East Zone unit of Manila Water Company, has started its summer preparedness plan as the country faces possible extreme heat in the coming months.

Insurer expands portfolio options with globally diversified income fund

Pru Life UK has launched a new globally diversified investment fund, underscoring what it calls a major shift in how investors must approach wealth building in today’s uncertain financial environment.

Philippines drops RACE, pivots to EV incentives 

The Philippine government has scrapped its long-planned Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, opting instead to fast-track a new incentive framework focused on electric vehicles, a senior investment official said.

Negros Power pours P1.3B into grid upgrades; cuts outages and expands rural electrification

Negros Electric and Power Corporation (Negros Power) is seeking to accelerate its grid modernization by allocating P1.3 billion to upgrade infrastructure, expand electricity access and improve service reliability across the province. 
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