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ACEN invests P1 billion in land subsidiary, expands renewable energy projects

Energy firm ACEN Corp. has agreed to purchase additional shares worth P1 billion in its subsidiary Buendia Christiana Holdings Corp. (BCHC), as disclosed to the Philippine Stock Exchange.

eTap to leverage  ‘phygital’ finance to drive growth

As the Philippines pushes deeper into the digital economy, fintech firm eTap is betting that the future of financial inclusion will not be purely digital.

ICTSI boosts Europe-Asia trade via Croatia

International Container Terminal Services Inc. (ICTSI) is strengthening its footprint in Europe after its Croatian subsidiary secured a new direct shipping link connecting the Adriatic region with key Asian trade hubs.

AI and digital trust reshape Muslim-friendly travel

Global payments platform leader Mastercard and CrescentRating have launched the 11th edition of the Global Muslim Travel Index (GMTI) 2026, highlighting how technology, digital transparency and regional connectivity are transforming the Muslim travel sector.

Local defense manufacturing push gains ground 

A Philippine-led effort to build a domestic defense manufacturing industry is moving closer to reality, with Stone of Hope Defense (SOHD) seeking government registration for a project that could eventually lead to full-scale local production of firearms and defense equipment.

Just in

Foreign currency reserves hold firm at $104.8 billion in August

The country’s foreign currency reserves stood strong at $104.8 billion as of the end of August 2026, driven by higher global gold prices and earnings from foreign investments, according to preliminary data from the Bangko Sentral ng Pilipinas. Although government withdrawals to pay off foreign debt offset some gains, the overall buffer remains well above global safety standards.

Fuel prices set to rise sharply; over P5 per liter for diesel and kerosene, P4+ for gasoline

The Department of Energy (DOE) confirmed major across-the-board fuel price hikes taking effect this week, reversing last week’s slight rollback.

Pork prices fall on ASF fears; vaccines, support seen stabilizing industry

Pork farmgate prices have dropped sharply as domestic hog raisers rush sales ahead of the rainy season to avoid African swine fever (ASF) losses, the Department of Agriculture (DA) reported Monday. Higher output from last year’s price surge, not imports, drives the shift—production rose 5.6npercent in Q2 while farmgate prices fell nearly 19 percent year-on-year.

Palace says revenues can cover debt as ProGRESS advances

The Philippine government has enough revenues to service its debt even without the proposed ProGRESS tax package, Malacañang said Monday, as the Marcos administration pushes reforms to strengthen fiscal capacity and provide targeted tax relief.
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