ICTSI completes Brazil logistics acquisition: posts strong Q1 2026 results
International Container Terminal Services Inc. (ICTSI) has fully acquired São Paulo-based logistics firm Companhia Regional de Armazéns Gerais e Entreposto Aduaneira (CRAGEA) through its wholly owned unit IRB Holding Ltda., after securing all regulatory approvals.
PCCI backs ERC reforms to boost investment climate
The Philippine Chamber of Commerce and Industry (PCCI) has thrown its support behind the Energy Regulatory Commission's (ERC) latest reforms, saying the measures could improve the country's investment climate by lowering electricity costs, expanding consumer choice, and speeding up regulatory approvals.
DOF calms LGU fears over property tax reform
The Department of Finance (DOF) has assured local government units (LGUs) that the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically increase property taxes, seeking to dispel concerns that the landmark reform could burden taxpayers and undermine local fiscal autonomy.
PhilWeb pivots to technology with Pragmatic Play partnership
Listed PhilWeb Corp. is expanding beyond its traditional role as a gaming operator, striking an exclusive partnership with global gaming content provider Pragmatic Play to strengthen its position as a technology partner for the Philippines' regulated online gaming industry.
MCC grant boosts Philippine reforms, energy investment prospects
The Philippines has secured a USD60 million Threshold Program grant from the US Millennium Challenge Corp.
