Cebu Landmasters gets PCC approval for Japanese investor
Cebu Landmasters Inc. (CLI) said it has secured approval from the Philippine Competition Commission for the entry of Japanese firm NTT UD Asia Pte. Ltd. as a partner in its Luzon expansion. The deal allows NTT UD Asia to acquire 40 percent of the voting shares of CLI Luzon Ventures Inc., the unit formed to lead the company’s developments in Luzon.
DOE to collect up to P24B in bonds, penalties from Leviste-linked solar firm
The Department of Energy (DOE) said it will collect up to P24 billion in performance bonds and other financial and technical obligations from Solar Philippines Power Project Holdings Inc., a company founded by Batangas Rep. Leandro Leviste.
Philippine passport loses visa-free access in 2025, but ranking edges up
The Philippine passport became weaker in terms of travel freedom in 2025, losing visa-free access to three destinations, even as it slightly improved its position in global rankings, according to the Henley Global Mobility Report.
TE Connectivity boosts exposure on the Philippines
TE Connectivity Manufacturing Philippines, Inc. is doubling down on the country, committing P4 billion to expand its Batangas operations and signal a long-term bet on the Philippines as a high-tech production and innovation hub.
ING advances share buyback while deepening commercial ties in PH sustainable finance market
Dutch financial services giant ING is continuing to advance its €1.1 billion share buyback program while at the same time deepening its commercial engagement in the Philippines, reflecting a balance between returning capital to shareholders and pursuing growth opportunities in key Asian markets.
