Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, is moving forward to ensure long-term water security in Iloilo, after being awarded original proponent status (OPS) for the proposed Iloilo Bulk Water Supply Public-Private Partnership (PPP) project.
Frustration and chaos await motorists traversing the San Juanico Strait while commodities price increases beset the hapless but limited number of travelers still permitted to cross the 2.1 kilometer bridge above it, local government units in and around the area said on Wednesday.
At Computex 2025, MediaTek unveiled a sweeping AI strategy under the theme “AI for Everyone: From Edge to Cloud,” spotlighting the company’s drive to unify digital computing and communications through hybrid architectures and strategic collaborations.
Globe Telecom has significantly expanded its mobile and home internet infrastructure, reinforcing its role as a leading digital enabler across the Philippines.
SM Prime Holdings, Inc., one of Southeast Asia’s leading integrated property developers, is expanding its Meetings, Incentives, Conferences, and Exhibitions (MICE) footprint with the launch of the SMX Center for International Trade and Exhibitions (SMXCITE)—a P1.7 billion investment that is expected to elevate Manila’s status as a regional trade event hub.
The Japan Maritime Self-Defense Force (JMSDF) destroyer JS OONAMI arrived in Manila for a port visit ahead of joint military drills. The visit highlights deepening defense ties between Japan and the Philippines amid growing regional security cooperation.
Bank of the Philippine Islands (BPI), the country’s third largest lender by assets, said strong loan growth and wider margins boost its financial performance in the first nine months of the year, with net income climbing 5.2 percent year-on-year to P50.5 billion.
Century Pacific Food Inc. (CNPF) is deepening its footprint in the global coconut industry with a USD45 million (P2.6 billion) investment to acquire and upgrade a coconut processing facility in Tupi, South Cotabato, as demand for coconut-based products surges worldwide.
Palay production for the third quarter is projected to rise by 18 percent year-on-year to 3.93 million metric tons, largely driven by a surge in output from rainfed areas, according to the Philippine Statistics Authority (PSA).