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    DPWH drops P252B flood projects in 2026 budget revamp

    Public Works Secretary Vince Dizon has removed P252 billion in locally-funded flood control projects from the Department of Public Works and Highways’ (DPWH) proposed 2026 budget, following President Ferdinand Marcos Jr. 's directive to reallocate funds to more essential sectors.

    Philippines edges out Indonesia in startup capital race

    For the first time, the Philippines has surpassed Indonesia in startup funding, raising US$86.4 million in the first half of 2025, according to the SEA Startup Funding Report H1 2025 by DealStreetAsia and Kickstart Ventures. 

    Philcement selling 15% stake to Japan’s Sumitomo Cement

    Philcement Corp., a unit of Phinma Corp., announced on Wednesday that it has signed a share subscription agreement with Japan-based Sumitomo Osaka Cement Co. Ltd., for the sale of a 15 percent stake through the issuance of primary shares.

    Romualdez resigns as Speaker amid flood control controversy

    Leyte Rep. Ferdinand Martin Romualdez resigned Wednesday as Speaker of the House, citing the need to restore public trust amid allegations tied to flood control projects personally flagged by President Ferdinand Marcos Jr. 

    SM Leisure to soon deliver Horizon Terraces villas, condos

    SM Leisure Resort Residences, a unit of property developer SM Prime Holdings, is set to complete Horizon Terraces within Tagaytay Highlands, with Scottsdale Villas scheduled for turnover in December 2025 and Redstone Condominiums in March 2026.

    Just in

    Kia Philippines races ahead in 2025

    Kia Philippines closed 2025 on a high, delivering a robust 16.7 percent year-on-year sales increase and cementing its position as the country’s fastest-growing mainstream automotive brand. The ACMobility subsidiary sold 7,810 vehicles during the year, up from 6,692 units in 2024, underscoring resilient consumer demand amid an increasingly competitive market.

    GSIS Touch hits 2M users, boosting digital access for members, pensioners

    The Government Service Insurance System (GSIS) has reached a major milestone as its GSIS Touch mobile app surpassed two million registered users, reflecting the growing use of digital services by members and pensioners nationwide.

    Gov’t pushes completion of Metro Cebu Expressway in Cebu after eight-year delay

    The Department of Public Works and Highways (DPWH) said the ongoing construction and repair sections of the Metro Cebu Expressway (MCE) in Naga City are scheduled for completion in five to six months, following an eight-year delay.

    Tanduay pours premium play, eyes globe

    Tanduay is doubling down on premium spirits while sharpening its global ambitions, as Spanish brandy house Torres officially enters the Philippine market through a new distribution partnership with the local liquor giant.
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