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VinFast enters Philippine e-motorcycle market

Vietnamese electric vehicle manufacturer VinFast has officially entered the Philippine motorcycle market, launching an early booking program for three electric two-wheeler models as it ramps up efforts to expand its footprint in Southeast Asia.

PCC, IEMOP forge pact to tighten power market oversight

The Philippine Competition Commission (PCC) and the Independent Electricity Market Operator of the Philippines Inc. (IEMOP) have signed an agreement to strengthen oversight of the country's electricity sector through the regular sharing of market data and intelligence.

Ayala Malls brings first IKEA store to Visayas

Ayala Malls is deepening its presence in the Visayas with the launch of Ayala Malls Gatewalk in Mandaue City, a major retail and lifestyle development that will host the first IKEA store in Cebu and the wider Visayas region.

Corporate gifts thrive despite rise of AI

Artificial intelligence may be transforming marketing, but corporate gifting continues to prove its value as a powerful tool for building brand loyalty and strengthening business relationships.

Batangas investment pays off as IDC expands

Italpinas Development Corp. (IDC) is accelerating its Luzon expansion after its flagship Batangas project, Miramonti Green Residences, neared a sellout just weeks after its formal launch, validating the developer’s strategy of investing early in fast-rising provincial growth centers.

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ASEAN oil stockpiling plan gains support from five countries

The Philippines’ push for an ASEAN oil stockpiling mechanism is gaining momentum, with five countries signaling support for a regional system designed to cushion members from future supply disruptions, Trade Secretary Cristina Roque said.

PH data centers eye catch-up with Singapore, Malaysia

The Philippines has room to narrow its data center gap with Singapore and Malaysia, with abundant land, expanding power capacity, and rising investor interest giving the industry room to grow, the Data Center Association of the Philippines (DCAP) said.

PhilWeb commits P4.23B to JKS Tech

PhilWeb Corp. is committing a combined P4.23 billion to JKS Tech Solutions Inc., deepening its exposure to the Philippine digital infrastructure and technology sector through subscriptions to shares of the B2B platform company.

Grandsun expansion to create 5,000 jobs

Grandsun Advanced Electronics (Philippines) Co. Inc. plans to hire about 5,000 workers as it expands production and begins making a new product at its LIMA Estate facility in Batangas, Trade Secretary Cristina Roque said.
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