The country's metallic mineral production surged by 22.8 percent year-on-year in 1Q 2025, reaching ₱63.88 billion, driven primarily by strong gold, silver, and iron ore output, according to the Mines and Geosciences Bureau (MGB).
The Securities and Exchange Commission (SEC) has revoked the corporate registration and secondary license of 56 lending and financing companies for repeated failure to comply with mandatory reportorial requirements, marking a continued regulatory crackdown on errant financial entities.
The Department of Agriculture's Bureau of Animal Industry (BAI) and its Negros Island Regional Field Office (DARFO-NIR) confirmed the ongoing coordination with the Department of Health (DOH) following the confirmation of human melioidosis cases in Siquijor.
Jollibee Foods Corp. (JFC), the country's largest restaurant group, reiterated its continued interest in an initial public offering (IPO) for Highlands Coffee in Vietnam but emphasized that any listing must be strategically aligned with long-term value creation, not just market timing.
President Ferdinand Marcos Jr. on Sunday tapped the brakes on the planned ₱8.7 billion rehabilitation of Epifanio de los Santos Avenue (EDSA), instructing government...
PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.
Pervasive corruption—both in government offices and private boardrooms—along with slow and opaque bureaucracy, high logistics costs, and congested infrastructure continue to undermine the Philippines’ ability to attract foreign investment and sustain economic growth, according to the latest assessment from the US State Department.
Universal Robina Corp. (URC), one of the country’s largest companies, has once again been recognized as one of Asia’s Best Companies to Work For by HR Asia, marking its third consecutive year on the list.
The Bank of the Philippine Islands (BPI) earned six prestigious awards at the 2025 Asian Banking & Finance (ABF) Retail Banking Awards, further cementing its position as a leading force in the Philippine banking industry.